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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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FIN 48 states that use of a valuation allowance is not an appropriate substitute for derecognizing the tax position. As the Board stated in its July 13 press release, FIN 48 "prescribes a consistent recognition threshold and measurement attribute, as well as clear criteria for subsequently recognizing, derecognizing and measuring such . Our outlook does not take the resulting gain from derecognizing the note into account as we would consider this item to be non-recurring in nature. |
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