HomeDefinitionsCompareDebt Cost Recovery PeriodThe financial definition for Cost Recovery Period:The number of years it takes to fully depreciate a capital asset. This time period is based on classification of the depreciable life of an asset. Similar MatchesAccelerated cost recovery system (ACRS)Accelerated cost recovery system (ACRS)Schedule of depreciation rates allowed for tax purposes. Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA)Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA)Legislation that established the Office of Thrift Supervision, which was created in the wake of the savings and loan crisis of the late 1980s. Modified Accelerated Cost Recovery System (MACRS)Modified Accelerated Cost Recovery System (MACRS)A 1986 act that set out rules for the depreciation of qualifying assets, allowing for greater acceleration over longer periods of time. Further SuggestionsRally (recovery)Recovery Click to compare definitions of Cost Recovery Period Click to view definitions beginning co |