nonrecurring charge

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Nonrecurring charge

A one-time expense or credit shown in a company's financial statement.

Nonrecurring Charge

A charge, usually triggered by an extraordinary event, that appears on a company's financial statement only once. A nonrecurring charge is listed as an expense for the company and reduces its earnings for the time period covered in the financial statement. Most statements make it clear that a nonrecurring charge is a one-time event and does not reflect the company's broader financial health.

nonrecurring charge

An expense that is not expected to be encountered again in the foreseeable future.
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References in periodicals archive ?
5 million before nonrecurring charges in the third quarter, compared with $71.
Fourth-quarter operating earnings before nonrecurring charges were $105.
The Commission lowered the one-time nonrecurring charge from $111 to $0.
During the second quarter of 2000, the Company recorded a nonrecurring charge of $6,600,000 ($3,967,000, net of tax benefit, or $.
The 1998 period included nonrecurring charges of $2.
Pro forma net income per diluted share for fiscal 2001, a 53-week year ended January 6, 2002, that also excludes a nonrecurring charge related to the amendment of a supply contract, was $0.
Net income rose 12% to $6,650,000, excluding the nonrecurring charge, compared to $5,921,000 in the third quarter of 1998.
The decline was due to the nonrecurring charge of approximately $3 million related to the segment's management reorganization, as well as additional marketing expenses associated with the new product introductions.
The successive comparative quarter-to-quarter increases exclude the effect of the nonrecurring charge which the Company recorded in the first quarter of the current fiscal year.
Nasdaq: SFDS) today reported record fiscal 1998 first quarter earnings, excluding a nonrecurring charge.
These actions are expected to yield an annual saving of 500 million SEK and will entail nonrecurring charges of about 400 million SEK in the fourth quarter.