HomeDefinitionsCompareDebt Modified Accelerated Cost Recovery System (MACRS)The financial definition for 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. Similar MatchesAccelerated cost recovery system (ACRS)Accelerated cost recovery system (ACRS)Schedule of depreciation rates allowed for tax purposes. Performance Accelerated Restricted Stock Award Plans (PARSAPs)Performance Accelerated Restricted Stock Award Plans (PARSAPs)Also known as performance-accelerated restricted stock ("PARS") and time-accelerated restricted stock award plans ("TARSAPs"). Grants of restricted stock or restricted stock units which may vest early upon attainment of specified performance objectives. Otherwise, a time-vesting schedule would remain in effect. Click to compare definitions of Modified Accelerated Cost Recovery System (MACRS) Click to view definitions beginning mo |