Cost Recovery

Meaning, Term, and Glossary Definition - What is Cost Recovery?

A legal process by which potentially responsible parties who contributed to contamination at a Superfund site can be required to reimburse the Trust Fund for money spent during any cleanup actions by the federal government.

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Related glossary terms:

Avoided Cost   Benefit-Cost Analysis   Cost-Benefit Analysis   Cost Sharing   Cost-Effective Alternative   Eligible Costs   Energy Recovery   Materials Recovery Facility MRF   Recovery Rate   

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