non-recurring income
Definition
Gain of an infrequent or unique nature that is unlikely to occur again in the normal course of a business. Such income includes gain on sale of assets, insurance settlement, one-time sale, etc. Also called extraordinary income.
email to a friend
print this definition
cite this definition
link to this page
non-recurring income is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
non-recurring income appears in the definition of the following term: extraordinary income
This content can be found on the following page:
http://www.businessdictionary.com/definition/non-recurring-income.html