To recover or get back something lost or spent, especially money; to compensate oneself for a loss.
From Old French 'recouper' meaning to cut back or reduce, from 'coup' (cut). The financial sense emerged in the 17th century.
In bankruptcy cases, creditors rarely recoup their full losses—studies show they typically recover only 20-40% of what they're owed, which is why lending institutions charge interest to account for expected losses!
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