top-slicing

noun 3

Definitions

noun

1

A means of spreading a single year's chargeable event gain (CEG) over a number of years, for the purpose of calculating how much income tax is due.

2

An arrangement whereby part of an educational institution's income is set aside to fund operational costs.

3

A proposed system whereby part of the television licence fee would be used to fund the rollout of superfast broadband.

Your note

not saved
0 chars