HomeDefinitionsCompareDebt RecoveryThe financial definition for Recovery:The use of depreciation of assets to offset costs; or a new period of rising securities prices after a period of declining security values. Similar MatchesAccelerated cost recovery system (ACRS)Accelerated cost recovery system (ACRS)Schedule of depreciation rates allowed for tax purposes. Cost Recovery PeriodCost Recovery PeriodThe 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. 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. Further SuggestionsModified Accelerated Cost Recovery System (MACRS)Rally (recovery) Click to compare definitions of Recovery Click to view definitions beginning re |