Discontinued Operations

Business, Legal & Accounting Glossary

Definition: Discontinued Operations

Full Definition of Discontinued Operations

“Discontinued operations” refers to business operations that a company has either discontinued or will discontinue in the near future or in subsequent periods.

For accounting purposes, income from discontinued operations is usually presented as a line item in the income statement, and is usually not considered when making projections of a company’s growth prospects.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Discontinued Operations. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/discontinued-operations/.
Chicago Manual of Style (CMS):
Discontinued Operations. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/discontinued-operations/ (accessed: September 26, 2021).
American Psychological Association (APA):
Discontinued Operations. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/discontinued-operations/

Definition Sources

Definitions for Discontinued Operations are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th April, 2020 | 2 Views.