recovery - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “recovery”

See all translations

recovery

noun
 
 
/rɪˈkʌvəri/
[S or U] ECONOMICS, FINANCE a process in which a situation improves after a difficult period, or in which prices increase after falling in value: Improvement in trade has been driven by the lower cost of borrowing and the recovery of the manufacturing sector. Construction activity in Europe is now showing signs of recovery. The newly elected CEO has pledged to put the company back on the road to recovery after the corporate scandal late last year. economic/global/stock market recovery a solid/strong/slow recovery recovery plans/programs/efforts(a) recovery from sth Wall Street's recovery from a poor start helped the London market restrict its loss to 10.7 points, with the FTSE 100 index finishing at 3669.7. The recovery in equity markets partly explains the fact that the firm's shares have more than doubled.make/stage a recovery Property has staged a recovery this year.a recovery begins/continues/progresses We believe it will be some time before a recovery begins.
LAW the process of getting money from a person or company that has caused you loss or damage by order of a court of law: Most of the claimants are seeking recovery of monetary damages.
[S or U] the process of getting something back that was lost or almost destroyed: Improvement was due mainly to continued recovery of market share in the drinks sector.
[S or U] ACCOUNTING, FINANCE, TAX →  depreciation recovery
[S or U] NATURAL RESOURCES the process of getting natural resources such as oil or gas from under the ground or sea: Plans to pipe greenhouse gases off to the North Sea could be used to increase oil recovery.
→  See also bad debt recovery , disaster recovery
(Definition of recovery from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of recovery?
Add Cambridge dictionaries to your browser to your website

Definitions of “recovery” in other dictionaries

Word of the Day

Morse code

a system used for sending messages, in which letters and numbers are represented by short and long marks, sounds, or flashes of light

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

e-juice noun

April 27, 2015
the liquid content in an e-cigarette, which includes nicotine and may be flavoured in various ways Cannabidiol oil that comes from industrial hemp plants, which is what is infused into our e-juice, is 100 per cent legal.

Read More