A set of activities, such as giving advice on ISD instruments, which are passportable if the firm is already authorised ( authorisation) for a core activity ( dealing, arranging, managing). Dresdner Kleinwort Wasserstein financial glossary
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non-core UK US (also noncore) adjective [before noun]
► FINANCE a non-core activity, business, etc. is one that a company does not really need or consider the most important: »
Volvo sold its non-core businesses to focus on cars and trucks.
»non-core assets/investments/holdings
»They are still negotiating on which jobs are considered non-core.
Financial and business terms. 2012.