UNUSUAL EXPENSES/(INCOME) Definition

Bookmark and Share

UNUSUAL EXPENSES/(INCOME) is the sum of: Restructuring Charge, Litigation, Impairment of assets held for use or sale, portion of Purchased R&D written off, and Other Unusual Expense (Income).

Learn new Accounting Terms

BOOK VALUE OF EQUITY is the difference between the book value of assets and the book value of liabilities.

EXCHANGE RATE MECHANISM (ERM) is the precursor to the European Union's single currency (Euro) by which participating governments committed themselves to maintain the value of their currencies in relation to the European currency unit (Euro).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.