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derecognize |
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derecognize, derecognise [diːˈrɛkəgˌnaɪz] vb (tr)
1. (Business / Industrial Relations & HR Terms) to cease to recognize a trade union as having special negotiating rights within a company or industry 2. (Business / Industrial Relations & HR Terms) to advise (a trade union) of such action derecognition n ThesaurusLegend: Synonyms Related Words Antonyms
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Since the Company's analysis revealed that it has transferred substantially all the risks and benefits associated with the ownership of the collection rights on the 2005 revenue shortfall from regulated activities, it has accordingly derecognised the aforementioned asset from the consolidated balance sheet. Investments are recognised and derecognised on a trade date where a purchase or sale of an investment is under a contract whose terms require delivery of the investment within the timeframe established by the market concerned, and are initially measured at cost, including transaction costs. The final 2003 dividend is derecognised on transition to IFRS and has been disclosed as a movement in reserves during 2004 alongside the 2004 interim dividend. |
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