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.
recovery. n, pl-eries. 1. the act or process of recovering, esp from sickness, a shock, or a setback; recuperation. 2. restoration to a former or better condition.ecovery. cheat the worms To recover from a serious illness. The expression food for worms is used to describe a dead, decaying body. Thus, when someone recovers from a potentially fatal illness, these worms have been cheated. eat snakes To recover oneâs youth and vigor, to be rejuvenated.