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 ?
5 billion) as they transferred non-recurrent income from the financial engineering operation to Tier-2 capital.
7% in 2005 and 2006, respectively) and partially compensate the non-recurrent income registered in 2005 due to the sale of a strategic shareholding position in Bancolombia and in the absence of foreign exchange gains; nevertheless, return on average assets (ROAA) still fell to 3.
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.