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Civil recovery is the method in some legal systems employed to recover the proceeds of crime, instead of, or in addition to, criminal court proceedings. [1]Many retailers, or agents acting on their behalf, utilize civil recovery to recover the value of property (including intellectual property) obtained through unlawful conduct (i.e. theft, burglary, larceny, fraud etc.).
An economic recovery is the phase of the business cycle following a recession. The overall business outlook for an industry looks optimistic during the economic ...
In a V-shaped recession, the economy suffers a sharp but brief period of economic decline with a clearly defined trough, followed by a strong recovery. V-shapes are the normal shape for a recession, as the strength of the economic recovery is typically closely related to the severity of the preceding recession. [3]
Recovery at law for pure economic loss is restricted under some circumstances in some jurisdictions, in particular in tort in common law jurisdictions, for fear that it is potentially unlimited and could represent a "crushing liability" against which parties would find it impossible to insure.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Volcker is often credited with having stopped at least the inflationary side of stagflation, [citation needed] although the American economy dipped into a recession with the unemployment rate peaking at 10.4% in February 1983. [43] Economic recovery began in 1983. Both fiscal stimulus and money supply growth were policy at this time.
Restitution and unjust enrichment is the field of law relating to gains-based recovery. In contrast with damages (the law of compensation), restitution is a claim or remedy requiring a defendant to give up benefits wrongfully obtained. Liability for restitution is primarily governed by the "principle of unjust enrichment": A person who has been ...
Economic reconstruction is a process for creating a proactive vision of economic change. The most basic idea is that problems in the economy , such as deindustrialization , environmental decay , outsourcing , industrial incompetence , poverty and addiction to a permanent war economy are based on the design and organization of economic ...