depreciation recovery UK US noun [S or U] (also recovery) ACCOUNTING, TAX, FINANCE
► the process of paying for an asset's depreciation (= gradual loss in value over time) by paying less tax on them for a period of years: »
For these assets, you can use 3-, 5-, or 10-year depreciation recovery periods.
»the recovery of the cost of long-lived assets
Financial and business terms. 2012.