Gross Cash Recovery (GCR)

A bank fails and authorities bring in the dour accountants in black suits to liquidate the company. A key measure they're looking at: gross cash recovery.

GCR, which is usually presented as a percentage of book value, measures the amount of cash that an asset is likely to generate from now until it is played out.

Gross Cash Recovery comes up a lot in bank liquidations. Those sour-faced, drab-suited accountants need to know how much they should get from each asset they sell from the bank’s holdings. GCR gives them a roadmap.