Investment recovery, also called asset recovery or resource recovery, is the process of recouping the value of unused or end of life assets. Investment recovery professionals seek to identify, reuse, sell or otherwise dispose of surplus assets generated by a company as it pursues its primary business.
Investment recovery professionals are increasingly being asked to do more with the resources they currently have. They face a daunting task. Even in large corporations, there may only be a handful of investment recovery professionals.
Divestment is one of the most difficult and complex tasks that an investment recovery professional undertakes. Effective divestment brings in additional money or benefit for an item,
Appraisal: A written professional opinion of the value of a material, equipment, or other asset.
Asset: Any item that has financial or economic value.