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 ?
7 September 2011 - Finnish paper maker Stora Enso Oyj (HEL:STERV) said today it will book a non-recurring charge of USD180m in the third quarter of 2011 related to the lease contract of a mill in the USA for which the Finnish company is a guarantor.
Income from operations before minority, interest in operating partnership excludes realized gains and unrealized losses on disposition of rental property and non-recurring charges.
Income before non-recurring charges was down 40 percent to $7.
But Fieldcrest's operating earnings were down for first quarter, due to non-recurring charges that included the acquisition of Sure Fit furniture coverings business from UTC Holdings for $27 million.