recovery period Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "recovery period" - Business English Dictionary

recovery period

noun [S]
 
 
ECONOMICS the time during which an economy improves after a difficult period: The recovery period after any major economic collapse is often accompanied by a rise in nationalism.
ACCOUNTING, FINANCE, TAX the number of years allowed for you to get back the money that was spent on an asset by paying less tax: Taxpayers must wait until the year after the end of the recovery period to fully depreciate the property.a 3-year/5-year/10-year, etc. recovery period A similar 15-year recovery period is allowed for improvements to restaurant property placed in service after October 22, 2004.the recovery period for sth The recovery period for nonresidential real estate placed in service after May 12, 1993, has been increased to 39 years.
(Definition of recovery period from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of recovery period?
Add Cambridge dictionaries to your browser to your website
Word of the Day
stretch the truth

to say something that is not completely honest in order to make someone or something seem better than it really is

Word of the Day

July 4th, Bastille Day, and the language of revolution.
July 4th, Bastille Day, and the language of revolution.
by Liz Walter,
July 01, 2015
With the USA’s Independence Day on the 4th and France’s Bastille Day on the 14th, July certainly has a revolutionary theme, so this blog looks at words and phrases we use to talk about the dramatic and nation-changing events that these days celebrate. In particular, it focuses on one of the most

Read More 

generation pause noun
generation pause noun
July 06, 2015
informal young adults who are not able to do things previously typical for their age group such as buy a home or start a family because of lack of money Meanwhile, a new study released last week revealed a quarter of Brits believe they’ll never own a property, leading them to be

Read More