Meaning RECAPTURE: A provision in a contract that allows one party to recover (recapture) some degree of possession of an asset, such as a share of the profits derived from some property
More terms such as Recapture in Dictionary R.
- Definition Renewable Term Life Insurance:
- Examples A policy for a stated period that may be renewed if desired at the end of the term recapture definition.
- Definition Red Herring:
- Examples A preliminary prospectus providing information required by the SEC. It excludes the offering price and the coupon of the new issue recapture explain.
- Definition Revocable Trust:
- Examples altered as many times as desired in which income-producing property passes directly to the beneficiaries at the time of the grantor's death. Since the arrangement can be altered at any time, the recapture what is.
- Definition Reduction-Option Loan (ROL):
- Examples rate and adjustable-rate mortgage. An ROL the borrower to match the current mortgage rate, which then becomes fixed for the rest of the term. This reduction is usually allowed if rates drop more recapture meaning.
- Definition Rescheduled Loans:
- Examples Bank loans that are usually altered to have longer maturities in order to assist the borrower in making the necessary repayments recapture abbreviation.
