exceptional income

(redirected from non-recurrent income)

exceptional income

A UK term of art for cash and other income provided by sources outside of an institution or organisation—e.g., from Primary Care Trusts.
References in periodicals archive ?
KUO's EBITDA in 2017 had a non-recurrent income of around USD15 million from its polysterene business that benefited its profitability.
With the financial engineering, Lebanon preemptively positioned its banks to have higher capital bases (cumulative increase estimated at $2.5 billion) as they transferred non-recurrent income from the financial engineering operation to Tier-2 capital.
Khalife also says that non-recurrent incomes like those originating from the central bank's financial engineering are very helpful as a short-term boost, but one should analyze the health of the banking sector without taking non-recurrent incomes into account.