nonrecurring charge(redirected from non-recurring)
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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
An expense that is not expected to be encountered again in the foreseeable future.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.