👉 "Recoupable" is a term used in finance and accounting to describe an asset that can be recovered or restored, even after it has been lost. It refers to assets that are not subject to depreciation or wear and tear over time, which means they cannot be sold or traded for their original value. For example, if a car was purchased new with $50,000 in cash, it would be considered "recoupable" because the cost of the car is recoverable
