What COST RECOVERY means: A term sometimes used to refer to depreciation claimed under the ACRS or MACRS methods of depreciation. See also Accelerated Cost Recovery System (ACRS) and Modified Accelerated Cost Recovery System (MACRS).
- Definition Contract Price:
- Dictionary installment sale, one of the amounts used to compute the percentage of each principal payment that is taxable as gain. The contract is equal to the gross selling price when no mortgages are assumed cost recovery definition.
- Definition Callable:
- Dictionary or part of which may be redeemed before maturity by the issuing corporation under specific conditions. The term also applies to preferred shares of stock, which may be redeemed by the issuing cost recovery explain.
- Definition Coverdell Education Savings Account (ESA):
- Dictionary savings plan under which any number of taxpayers may contribute up to a total of $2,000 per year per eligible beneficiary. Contributions are nondeductible. Earnings withdrawals are tax free and cost recovery what is.
- Definition Corporation:
- Dictionary purposes, an entity that is incorporated under the laws of a state, a foreign entity that is treated as a corporation under IRS regulations, or an unincorporated entity that elects to be taxed as a cost recovery meaning.
How works Cost Recovery meaning in Tax definitions C .
