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.
Popular 'Accounting & Auditing' Terms
non-recurring income in the news
This content can be found on the following page:
http://www.businessdictionary.com/definition/non-recurring-income.html







