recapture
n. C / Un. the act of getting back money or value that was lost or spent. In business, it often means recovering a tax benefit or an investment over time.
n. the recovery of a previous financial outlay, tax benefit, or asset value. Often refers to the recovery of depreciation or tax credits when an asset is sold for more than its book value.
The company expects a full recapture of its initial investment.
The government implemented a tax recapture provision to reclaim subsidies from businesses that moved operations abroad.
Under current regulations, the recapture of depreciation occurs when the sale price of a property exceeds its adjusted tax basis, resulting in a taxable gain for the seller.
From re- + capture.
Often functions as an uncountable concept in tax law, but becomes countable when referring to specific instances or clauses.