- Capable of being recovered or regained; capable of
being brought back to a former condition, as from sickness, misfortune,
etc.; obtainable from a debtor or possessor; as, the debt is
recoverable; goods lost or sunk in the ocean are not recoverable.
Meaning of 'recoverable' (Princeton's WordNet)
1 . recoverable
[ a]
Meaning (1): - capable of being recovered or regained
Recoverable Depreciation When a lawsuit is issued on a contract with replacement value coverage, Recoverable Depreciation is the proportion of the degraded sum...