Named after Albert W. Recht - American astronomer, mathematician (1892-1962).
Recht is a small impact crater on the far side. Is lies across the eastern rim of the much larger crater Ostwald. To the northeast is Meshcherskiy. This is a bowl-shaped formation with an interior floor that is less than half the diameter of the crater. (wikipedia entry)
A crater is a circular depression likely created by an impact event. On the Moon they are named after deceased scientists, polar explorers, astronauts or cosmonauts.