Recovery Period

Economics: period of time in which the economy is emerging from a recession or depression. The recovery period is marked by rising sales and production, improved consumer confidence, and in many cases, rising interest rates.

Stocks: period of time in which a stock that has fallen sharply in price begins to rise again, thereby recovering some of its value.

Taxation: period over which property is subject to depreciation for tax purposes following the Accelerated Cost Recovery System (ACRS). Different classes of assets are assigned different periods in which costs can be recovered.

The number of years over which the cost of an asset may be depreciated (for example, five years for an automobile).