derecognition
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
Law noun
The withdrawal by an employer of a trade union's status for collective bargaining.
Derecognition of the union removed its statutory right to be consulted over pay.
Business noun
The removal of a previously recognised asset or liability from the balance sheet.
Transferring substantially all the risks of the receivables permitted their derecognition.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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