Outrageously Funny Word Dictionary :: Recouped

👉 A recouped is a term used in the context of accounting, specifically in the field of financial management. It refers to the process by which an entity loses its assets or liabilities through various means, such as selling off its assets, declaring bankruptcy, or liquidating its debts. In accounting terms, recouped assets are those that have been recovered from the entity's creditors or other third parties. This can occur due to a loss of assets resulting from a financial crisis, such as a sudden

recouped