non-recurring cost |
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Definition
Unusual charge, expense, or loss that is unlikely to occur again in the normal course of a business. Non recurring costs include write offs such as design, development, and investment costs, and fire or theft losses, lawsuit payments, losses on sale of assets, and moving expenses. Also called extraordinary cost.
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non-recurring cost is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
non-recurring cost appears in the definitions of the following terms: extraordinary cost, startup costs and life cycle cost
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