adverse charge

See: objection
Mentioned in ?
References in periodicals archive ?
Completion of the transactions described in this release will require satisfaction of various conditions to closing, including no adverse charge in Empire or the entities being acquired regulatory filings and approvals, approval by a special committee of the Company and receipt of a fairness opinion, as well as tax and other legal opinions.
If the company had no existing equity hedges, it could designate the forwards as an equity hedge, which avoids volatile and adverse charges in the income statement.
Excluding these items as well as the adverse charges detailed above, the Annual Effective Tax Rate(2) for the third quarter of 2009 was 16.