re·cap·ture 1 /ˌrē-'kap-chər/ vt -tured, -tur·ing
1: to capture again
2: to recover or take (as an excess or gain) by law or agreement; esp: to recover (a tax benefit) by higher or additional taxation of income or property that ceases to qualify for a credit or deduction or by taxing gain realized from the sale or exchange of such property
the government recaptured the depreciation by taxing the gain resulting from the difference between the sale price and the basis after depreciation
recapture 2 n
1: the act or process of recapturing
2: an amount recaptured or subject to recapture

Merriam-Webster’s Dictionary of Law. . 1996.

index rearrest, recoup (regain), recover, recovery (repossession), redeem (repurchase), repossess, rescue, salvage

Burton's Legal Thesaurus. . 2006

(1) To collect tax that was previously claimed by a taxpayer as a deduction or credit.
(2) To take back something that has been captured by an enemy.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

In tax law, the requirement that a taxpayer - upon the sale of property - pay the amount of tax savings from past years due to accelerated depreciation or deferred capital gains.
Category: Personal Finance & Retirement → Taxes

Nolo’s Plain-English Law Dictionary. . 2009.

   in income tax, the requirement that upon sale of property the taxpayer pay the amount of tax savings from past years due to accelerated depreciation or deferred capital gains.
   See also: income tax

Law dictionary. . 2013.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • recapture — [rē kap′chər] vt. recaptured, recapturing 1. to capture again; retake; get back by capture; reacquire ☆ 2. to get by RECAPTURE (n. 2) 3. to bring back by remembering [to recapture a feeling] n. 1 …   English World dictionary

  • Recapture — Re*cap ture (r[ e]*k[a^]p t[ u]r; 135), n. 1. The act of retaking or recovering by capture; especially, the retaking of a prize or goods from a captor. [1913 Webster] 2. That which is captured back; a prize retaken. [1913 Webster] …   The Collaborative International Dictionary of English

  • Recapture — Re*cap ture, v. t. To capture again; to retake. [1913 Webster] …   The Collaborative International Dictionary of English

  • recapture — [ʀəkaptyʀ] n. f. ÉTYM. V. 1970; de re , et capture, pour traduire l angl. uptake. ❖ ♦ Biol. Récupération des neuromédiateurs par les terminaisons nerveuses …   Encyclopédie Universelle

  • recapture — 1680s (n.), 1783 (v.), from RE (Cf. re ) back, again + CAPTURE (Cf. capture). Related: Recaptured; recapturing …   Etymology dictionary

  • recapture — ► VERB 1) capture (an escapee). 2) recover (something taken or lost). 3) recreate (a past time, event, or feeling). ► NOUN ▪ an act of recapturing …   English terms dictionary

  • recapture — [[t]ri͟ːkæ̱ptʃə(r)[/t]] recaptures, recapturing, recaptured 1) VERB When soldiers recapture an area of land or a place, they gain control of it again from an opposing army who had taken it from them. [V n] They said the bodies were found when… …   English dictionary

  • recapture — UK [riːˈkæptʃə(r)] / US [ˌrɪˈkæptʃər] verb [transitive] Word forms recapture : present tense I/you/we/they recapture he/she/it recaptures present participle recapturing past tense recaptured past participle recaptured 1) a) to use force to take… …   English dictionary

  • recapture — re|cap|ture [ ,ri kæptʃər ] verb transitive 1. ) to use force to get an area into your control again: Rebel forces have recaptured the city. a ) to win something again from an opponent: Martin recaptured the lead from Bodine on the second lap of… …   Usage of the words and phrases in modern English

  • Recapture — Infobox Play name = Recapture image size = caption = writer = Preston Sturges chorus = characters = mute = setting = The Bellevue Superbe Palace Hotel in Vichy, France and the Villa Lune de Miel premiere = 29 January 1930 place = Eltinge 42nd… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”