A measure of cost that captures all costs and charges relating to the handling of an asset (e.g., amounts paid to sellers/ suppliers of fixed assets as an entry cost or exit cost). The asset in question may also be financial instruments, in which case such costs consists of all costs and charges paid to an issuer/ seller, etc.  One-off costs arise from non-operating activities, that is, non-recurring in nature- incurred by an entity not in relation to its usual activities.

An example of a one-off cost is the costs associated with a relocation or settlement of a lawsuit. One-off costs are not considered in the calculation of operating income (EBIT). However, such costs impact the calculation of net income before taxes.

One-off costs are also known as one-time costs or, broadly, as one-off expenses.