Income statement item that is either unusual in nature or infrequent in occurrence. An example is the gain or loss on the sale of a fixed asset. Nonrecurring items are shown before arriving at income from continuing operations. They are not shown with a tax or earnings per share effect. See also Extraordinary Item.
Nonrecurring
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 | nonrecurring |
| Nonrecurring Charge (business term) |
| Restructuring Charge (finance term) |
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Mentioned in
- nonrecurring
- Nonrecurring Charge (business term)
- Restructuring Charge (finance term)
- nonrepeating decimal (mathematics)
- Nonrecurring Gain (or Loss) (in banking)
- Income from Continuing Operations (in accounting)
- Loss (in accounting)
- Nonroutine Decision (in accounting)
- Cash Flow Loan (in banking)
- Extraordinary Item (business term)
- Gain (in accounting)
- Loss Carryforward (in accounting)
- Divestiture (in banking)
- Sale and Leaseback (in banking)
