TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

NONRECURRING LOSS [1 record]

Record 1 2006-02-22

English

Subject field(s)
  • Financial and Budgetary Management
DEF

Any...expense that is not likely to occur again.

CONT

[Extraordinary losses] are part entries in the income statement that are the result of a non-recurring event during the period. (Example: in 2003 the business might have suffered a theft of an expensive piece of machinery and this will qualify as an extraordinary loss.)

CONT

The $6.0 million nonrecurring loss resulted from costs related to the strategic review process, executive severance pay and write-down of inventory for discontinued product lines.

French

Domaine(s)
  • Gestion budgétaire et financière
DEF

Rubrique des comptes des pertes [...] d'une société dont on présume que les pertes [...] ne se répéteront pas à l'avenir parce qu['ils étaient] causées pas un fait unique et indépendant de l'exploitation ordinaire, comme la destruction d'un immeuble par le feu.

CONT

Des pertes non récurrentes d'un montant de 6,9 M€ ont été enregistrées sur l'exercice. Elles sont liées à la restructuration [...]

Spanish

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