U-Shaped Recovery Law and Legal Definition
U-shaped recovery refers to a type of economic recession and recovery that resembles a "U" shape in charting. A U-shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial output. A U-shaped recovery involves a gradual decline in these metrics followed by a gradual rise back to its previous peak. The U-shaped recovery takes longer time than V-shaped recovery to reach levels seen prior to the start of the recession.
Legal Definition list
Related Legal Terms
- Accelerated Cost Recovery System
- Agency Records [Recovery Accountability and Transparency Board]
- American Recovery and Reinvestment Act [ARRA]
- At-Home Recovery
- Bail Fugitive Recovery Person
- Child Support Recovery Act of 1994
- Common Recovery
- Community Recovery
- Economic Recovery Tax Act
- Financial Institutions Reform, Recovery, and Enforcement Act of 1989
