nonrecurring charge

Also found in: Dictionary.

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.
Mentioned in ?
References in periodicals archive ?
5 million before nonrecurring charges in the third quarter, compared with $71.
1 million, as the bulk of the nonrecurring charges some $49.
9 million nonrecurring charge covers the full cost of the settlement of Babbitt v.
The company expects to record nonrecurring charges for severance, facility shutdowns and related costs during the fiscal year that began July 1, 1998, amounting to approximately $7.
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.
Results included $900,000, or 2 cents per share, in nonrecurring charges, net of tax.
Net income for the quarter was $13 million including nonrecurring charges.
COLUMBUS, Ohio -- Earnings before special items and nonrecurring charges at Cardinal Health Inc.