Recapture (Noun)
Meaning 1
The act of taking something back.
Classification
Nouns denoting acts or actions.
Synonyms
Hypernyms
Related Words
Meaning 2
A legal seizure by the government of profits beyond a fixed amount.
Classification
Nouns denoting acts or actions.
Examples
- The corporation was forced to pay recapture of their excess profits after being audited by the tax authorities.
- As a result of the audit, the company was liable for recapture of $100,000 in unauthorized profits.
- The recapture of profits above a certain threshold is a common provision in government contracts to prevent price gouging.
- The new regulations aim to strengthen the government's ability to enforce recapture of unjustified gains made by private companies.
- After an investigation, the authorities imposed a significant recapture of illicit earnings on the offending firm.