cost recovery
Getting money back
Cost recovery is the process of recouping money that has been spent, particularly expenses incurred in business operations, legal proceedings, or government programs.
In business contexts, it often refers to pricing strategies or accounting methods designed to ensure that costs are eventually offset by revenue.
In legal settings, cost recovery typically means recovering litigation expenses from the losing party.
Government agencies use the term for fees charged to users of services to offset the cost of providing them: The park system relies on cost recovery through entrance fees.
- depreciationAsset value reduction over time
- amortizationGradual debt reduction schedule
- pricingEstablishing monetary amounts charged
- clawbackContractual fund recovery
- fixed costsExpenses unchanged by output
overhead expenses · user fees · payback · infrastructure funding · subsidies · reimbursement · out of pocket · tariffs · toll roads · public utilities · chargeback · recoupment · repayment · installment · tax codes · contractual agreements · budget planning · breakeven
- cost accountingdirect costs, indirect costs, fixed costs, variable costs, overhead
- depreciationdepreciation, straight line, straight-line, vehicle depreciation, accelerated
- SuperfundSuperfund, Superfund sites, EPA, hazardous waste, remediation
- philanthropydonations, charity work, donate, give, giving
- budgetingbudget, budgets, budget app, budget template, budget allocation
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
cost recoveryprofit
Gain exceeding expenditure
loss · deficit · financial loss · net gain · surplus
cost recoveryprofit maximization
Pursuing greatest possible gains
subsidization · charitable giving · revenue generation · profit seeking · wealth accumulation
cost recoveryprofit maximization
Pursuing greatest possible gains
premium pricing · predatory pricing · price gouging · rent-seeking