How Do You Spell NONRECURRING?

Pronunciation: [nˌɒnɹɪkˈɜːɹɪŋ] (IPA)

The word "Nonrecurring" is spelled with the prefix "non-" followed by "recurring". The stress is on the second syllable, "re-" and the pronunciation is /nɒn-rɪˈkʌrɪŋ/. This means that it is pronounced as "non-rē-cur-ing" with the emphasis on the "re-" sound. Its meaning refers to something that does not occur again or is not repeated. It is commonly used in accounting to describe income and expenses that happen only once within a specific period.

NONRECURRING Meaning and Definition

1. Nonrecurring refers to something that does not happen or is not expected to happen again in the future. It is an adjective used to describe an event, expense, income, or occurrence that is unique, isolated, irregular, or non-routine. Nonrecurring items are typically one-time in nature and are not expected to have a regular or recurring pattern.

   In finance and accounting, nonrecurring items are often used to depict exceptional or extraordinary activities that are not considered part of the normal ongoing operations of a business or an individual's financial situation. For example, one-time legal fees, restructuring charges, write-offs, gains or losses from the sale of assets, or one-off bonuses would be considered nonrecurring. These items are not expected to be repeated and are not included in the regular income or expenses of the entity.

   The identification and analysis of nonrecurring items are crucial in financial reporting, as they can significantly impact the true financial position and performance of an entity. By excluding nonrecurring items from regular operations, users of financial statements can gain a clearer and more accurate understanding of the ongoing, sustainable financial health of the entity.

Common Misspellings for NONRECURRING

• nonreoccurring
• nontrecurring

Etymology of NONRECURRING

The word "nonrecurring" is derived from combining the prefix "non-" and the verb "recur".

The prefix "non-" is of Latin origin and essentially means "not" or "without". It is used to indicate negation or absence of a particular quality.

The verb "recur" comes from the Latin word "recurrere", which is a combination of the prefix "re-" (meaning "again") and the verb "currere" (meaning "run"). "Recur" essentially means "to occur again" or "to happen repeatedly".

When "non-" is combined with "recur", it results in the word "nonrecurring", which conveys the idea of something that does not happen again or does not occur repeatedly.