unusual item
Definition
A company expenditure that is unusual in nature or that occurs infrequently such that it is not reported along with other ordinary expenses. Separate reporting on the income statement of irregular expenditures arising from discontinued operations or extraordinary items allows for easier clarification of the aberration.
Related Articles
- Which High Return Investment Is Right For Your Retirement Savings? *
- An Explanation of REITs *
- Municipal Bonds *
- The Economy and the Role of the Government *
- Dividend Reinvestment Plans *
- Introduction to Credit and How to Take Control of It *
- Considerations While Choosing a Bank *
- Keoghs and Their Distribution Options *
Related Videos
http://www.businessdictionary.com/definition/unusual-item.html
