top-slicing
English
[edit]Noun
[edit]- (finance) 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.
- (UK, education) An arrangement whereby part of an educational institution's income is set aside to fund operational costs.
- (UK, television) A proposed system whereby part of the television licence fee would be used to fund the rollout of superfast broadband.