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 ?
If the Wal-Mart or SEC accountants were to take away the $60 billion in unearned income and require Wal-Mart to report that income as non-recurrent income," states Attorney Person, "Wal-Mart will be revealed as a corporation losing more than $40 billion each year and would find it difficult to continue in business.
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.