cost recovery


Also found in: Financial, Acronyms.

cost recovery

A payment demanded by a professional licensing board from a practitioner found to have violated standards of practice. The fee is a reimbursement to the board for the expenses it incurs during the investigation and prosecution of its case against the practitioner.
References in periodicals archive ?
Although a potentially important way of ensuring access for poor households, the current ANC plan looks unlikely to resolve the underlying crisis of cost recovery.
All this would get manufacturers past the current and creaking Modified Accelerated Cost Recovery System, a pretty long moniker for what econ profs used to simply call depreciation.
As a result, the first four taxable years yield only a total of $10,885 in cost recovery deductions for an auto used solely for business purposes.(1)
Tying the cost recovery period to the "life" of the investment actually creates a bias against investment in "long-lived" capital, i.e.
In the case of residential rental property, the increase would be 15.5 years from the 27.5year cost recovery period under present law.
Several American cities that hired Cost Recovery have reversed course in the face of public outrage, accusations of inflated response costs, and disappointing revenues.
The cost recovery is set by the administrative law judge that hears the complaint.
* cost recovery of any collection action from the debtor;
A fixed monthly service fee unique to each unit type and size is usually assessed based on full cost recovery for certain core services, much like a townhouse or condominium fee.
He is part of the steering committee of the Cost Recovery Action Group formed to push for depreciation reform.
Stronger long-term cash-value growth also should lead to a higher death benefit for cost recovery at the death of an insured, the company said.
(such as tenant cost recovery per square foot), and QuikScope calculates the effect of that change on a variety of financial measures, including simple payback period, internal rate of return, and net present value.