recurring

/rɪˈkɜːrɪŋ/ adjective

Definition

› FINANCE, ACCOUNTING happening or being done, paid, etc. regularly, rather than on only one occasion: recurring revenues/costs/expenses The company returned to growth last year with recurring revenues up 1.7% in the fourth quarter. Borrowing a large amount of money to pay recurring expenses is a clear sign of severe budget problems. The table reflects both charges paid directly by a shareholder out of his or her investment and recurring charges deducted from fund assets. The direct debit of a credit card on a recurring basis is for a merchant and an ideal solution for customers.

(Definition of recurring adjective from the Cambridge Business English Dictionary © Cambridge University Press)