Definition; KT: Kitchen (real estate) Kt: Knot: KT: Knowledge Translation: KT: Contract: KT: Knowledge Transfer: KT: Carat: KT: Katie (girl's name) KT: Korea Telecom: KT: Knight (chess) KT: Christmas Island: KT: Kingston Upon Thames (postcode, United Kingdom) KT: Knights Templar (Masons) KT: Kiloton: KT: Kuala Terengganu (Malaysia) KT: Kidney Transplantation: KT: Killing Time (game) KT
That is, the recovery period is that during which a company is able to write off a portion of an asset's value each year until the end of that asset's useful life.The length of the recovery period varies from asset to asset, and is often set by the IRS.It often bears only a rough relationship to the time during which the asset can actually be used. See also: MACRS.he length of the recovery period varies from asset to asset, and is often set by the IRS. It often bears only a rough relationship to the time during which the asset can actually be used. See also: MACRS.
Definition of cost recovery: Recoupment of the purchase price of a capital or qualified asset through depreciation over a prescribed period. Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary