recovery period Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “recovery period” in the English Dictionary

"recovery period" in Business English

See all translations

recovery periodnoun [S]

uk   us  
ECONOMICS the ​time during which an ​economyimproves after a difficult ​period: The ​recoveryperiod after any ​majoreconomiccollapse is often accompanied by a ​rise in nationalism.
ACCOUNTING, FINANCE, TAX the ​number of ​yearsallowed 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 ​recoveryperiod to fully ​depreciate the ​property.a 3-year/5-year/10-year, etc. recovery period A similar 15-year ​recoveryperiod is ​allowed for ​improvements to ​restaurantpropertyplaced in ​service after October 22, 2004.the recovery period for sth The ​recoveryperiod for nonresidential ​realestateplaced 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

“recovery period” in Business English

There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

nutty

containing, tasting of, or similar to nuts

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More