recovery
Definition 1
Accounting: (1) Absorption of a cost through its allocation to an appropriate account. (2) Collection of receivables that were written off as bad debt.
Definition 2
Banking: Collection of a loan amount from a borrower in default.
Definition 3
Disaster planning: Activities or steps that are to be implemented after a disaster to return all operations and systems to their normal status.
Definition 4
Economics: Phase in an economic cycle where employment and output begin to rise to their normal levels after a recession or slump.
Definition 5
Electronic commerce: Ability of a transaction handling system to be restored to its pre-failure state after a system failure so that the processing can resume and transactions, aborted due to the failure, can be resubmitted.
Definition 6
Stock market: General rise in prices of securities after a general fall.
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