Home > Term: Cost Recovery Period
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.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: General Finance
- Company: Bloomberg
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Creator
- Jessehe
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(V.I.P) 32013 points - 40.13% positive feedback
