What is the meaning of RECOVERY?

In finance, a. Absorption of cost through the allocation of depreciation; b. Residual cost or salvage value of a fixed asset after all allowable depreciation; or, c. Collection of an accounts receivable that had been previously been written off as a bad debt.

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APABarry Goldsmith. (2010). recovery. Retrieved September 24, 2026, from http://smartdefine.org/recovery/definitions/1161954
ChicagoBarry Goldsmith. 2010. "recovery" http://smartdefine.org/recovery/definitions/1161954 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, recovery, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/recovery/definitions/1161954>.
MLABarry Goldsmith. "recovery" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/recovery/definitions/1161954>
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