extraordinary gain
Definition
An exceptional, non-recurring profit not derived from normal company operations. For example, if a company received a large payment from the sale of a subsidiary, this would be an extraordinary gain. Corporations must report extraordinary gains (and losses) on their annual and quarterly reports.
Related Articles
- Cash Flow Statements Explained *
- Diversifying Your Portfolio *
- Kids and Money: Tackling the Various Issues *
- Getting Started with Investments and Financial Planning *
- What International Exchanges Exist For Futures? *
- An Explanation of the Various Facets of a 401(k) Plan *
- Types of Advanced Options *
- Bankruptcies: Advantages, Disadvantages and Different Types *
Related Videos
http://www.businessdictionary.com/definition/extraordinary-gain.html
