verb to regain or recover something lost or spent
In real estate, 'recoup' refers to the ability to recover the initial investment in a property through rental income or resale value.
In finance, 'recoup' is used to describe the process of recovering or regaining money that was previously lost or invested.
In business, 'recoup' is often used in the context of recouping costs, expenses, or investments to achieve profitability.
In legal contexts, 'recoup' may be used to describe the process of recovering losses or damages through litigation or settlement.
In project management, 'recoup' is used to describe the process of recovering resources, time, or funds that were initially invested in a project.
In the publishing industry, writers often receive advances on their work that they must recoup through book sales before earning royalties.
Psychologists may work with insurance companies to recoup payment for services rendered to clients.
Entrepreneurs may need to recoup their initial investment before seeing a profit from their business.
Construction managers may need to recoup costs from a project by ensuring it is completed on time and within budget.
Film producers aim to recoup their investment through box office sales, streaming rights, and other revenue streams.
Marketing specialists track the performance of campaigns to ensure they recoup the investment in advertising and promotions.
Software developers may need to recoup development costs by selling licenses or subscriptions for their products.
Financial analysts help companies recoup losses and maximize profits through strategic investment decisions.
Real estate agents work to recoup their commission by closing deals on properties for their clients.