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civil recovery
civil recovery definition - business
civil recovery
Legal means by which a business may attempt to reclaim losses and costs directly from a wrongdoer without the expense of using the court system. For example, a merchant may utilize civil recovery in relation to a person who is caught with unpaid merchandise. The person accused of theft may make restitution or choose to have the matter tried in civil court. See also merchant's privilege.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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