nonrecurring charge


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.