NOT RECOVERABLE Meaning and
Definition
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Not recoverable refers to a situation or condition where something cannot be restored, retrieved, or regained. It implies that a loss or damage incurred is permanent and cannot be reversed or recovered. This term is commonly used in various contexts such as finance, data recovery, insurance claims, and legal matters.
In finance, not recoverable often refers to an investment or asset that has suffered a significant decline in value, rendering any attempts to recoup the initial investment or restore its previous worth ineffective. This may occur due to factors such as market volatility, bankruptcy, or insolvency of a company or organization. Such losses are deemed not recoverable, meaning that the money or asset cannot be retrieved in its entirety.
In terms of data recovery, not recoverable implies that lost or deleted data cannot be retrieved or restored. This may occur due to physical damage to storage devices, accidental deletion, or overwritten data. When data is deemed not recoverable, it signifies that there is no possibility of retrieving the information, and it is permanently lost.
In insurance claims, not recoverable refers to expenses or damages that are not eligible for reimbursement from an insurance company. This often occurs when certain conditions or exclusions outlined in an insurance policy apply, rendering the incurred costs not recoverable from the insurer.
Legally, not recoverable may refer to costs or damages that a party cannot claim or seek compensation for during a legal proceeding. It signifies that the incurred expenses or losses cannot be awarded or recovered through legal means.
Overall, the term not recoverable implies a state of permanent loss or irretrievability in various contexts, where attempts to restore or regain something prove futile or impossible.
Common Misspellings for NOT RECOVERABLE
- bot recoverable
- mot recoverable
- jot recoverable
- hot recoverable
- nit recoverable
- nkt recoverable
- nlt recoverable
- npt recoverable
- n0t recoverable
- n9t recoverable
- nor recoverable
- nof recoverable
- nog recoverable
- noy recoverable
- no6 recoverable
- no5 recoverable
- not eecoverable
- not decoverable
- not fecoverable
- not tecoverable
Etymology of NOT RECOVERABLE
The word "not recoverable" is a compound phrase formed from two separate words: "not" and "recoverable".
The word "not" is a negating adverb derived from the Middle English word "nat", which originated from the Old English word "nāt". Both "nat" and "nāt" are related to the Proto-Germanic word "ni", meaning "no" or "not".
The term "recoverable" is derived from the verb "recover", which came from the Old French word "recovrer" and the Latin word "recuperare". "Recuperare" is a combination of the prefix "re-", meaning "again", and "capere", meaning "to take". Ultimately, "recoverable" refers to something that can be regained or regained possession of.
When combined, "not recoverable" simply means something that cannot be regained or cannot be retrieved.
