Final answer:
Reversion is an appraisal term used to describe the rate at which investment in a wasting asset is likely to be recovered.
Step-by-step explanation:
Reversion is an appraisal term that describes the rate at which investment in a wasting asset is likely to be recovered. It refers to the tendency to attach a value to things in which resources have been invested that is greater than the value those things actually have. For example, if a company invests $100 million in a project and expects to recover $80 million over a period of time, the reversion rate would be $80 million divided by $100 million, which is 80%.