recoverable


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recoverable

adj. referring to the amount of money to which a plaintiff (the party suing) is entitled in lawsuit. Thus, a judge might rule "$12,500 is recoverable for lost wages, and $5,500 is recoverable for property damage to plaintiff's vehicle." (See: damages, judgment)

See: corrigible
References in periodicals archive ?
This, the senator said, would compel ERC to safeguard consumer interests on a more regular basis, noting that it had been eight years since the body last lowered recoverable system-loss rates.
Deduplication and decryption costs are not recoverable.
The Marcellus shale holds the largest remaining recoverable resource at 330 Tcfe, followed by the Eagle Ford and Bakken shales at 152 Tcfe (25 Bboe) and 72 Tcfe (12 Bboe), respectively.
Only both technically and economically recoverable proven reserves can be actually tapped for production.
USGS is the only provider of publicly available estimates of undiscovered technically recoverable oil and gas resources of onshore lands and offshore state waters.
It calculated that the total world endowment of recoverable oil is 3 trillion barrels.
Again, the IFRS standard is a one-step test in which the carrying amount of the CGU (to which the goodwill has been allocated) is compared to the CGU's recoverable amount, and any excess carrying amount is written off against goodwill and then to the other assets of the CGU.
A recoverable can be recorded whether or not a claim has been filed.
The differences in standards have been a source of debate among the G4+1 standard setters, and the group prepared the special report, International Review of Accounting Standards Specifying a Recoverable Amount Test for Long-Lived Assets, to promote the development of new and improved standards that are similar among the participating countries.
The project acreage is projected to contain more than 48 Million Barrels of recoverable oil per each 640-acre section.
The proven recoverable oil reserves of Azerbaijan have long been the subject of debate between foreign quarters and the state oil firm Socar.
Agip and its partners went public in mid-2002 to say the Kashagan East and West discoveries had recoverable oil reserves of 7-9 bn barrels out of 38 bn barrels in place.