Clause and Countercyclical: Difference between pages

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imported>Doug Williamson
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1.  
An economic or financial policy that works against the cyclical tendencies in the economy.


A section of a contract containing a term or provision.
Countercyclical policies cool down the economy when it is in an upswing, and stimulate the economy when it is in a downturn.


 
Opposite to Procyclical.
2.
 
A section of a piece of legislation which has not yet been passed into law.
 
 
3.
 
More generally, any important section within a document.




== See also ==
== See also ==
* [[Arbitration clause]]
* [[Countercyclical buffer]]
* [[Term]]
* [[Cyclical]]
* [[Spens clause]]
* [[Procyclical]]
* [[Romalpa clause]]
* [[Total Loss Absorbing Capacity]]
* [[Public Bill]]
* [[Objects clause]]
* [[Break clause]]
* [[MCT]]


[[Category:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Treasury_operations_infrastructure]]
[[Category:Manage_risks]]

Latest revision as of 18:42, 7 June 2020

An economic or financial policy that works against the cyclical tendencies in the economy.

Countercyclical policies cool down the economy when it is in an upswing, and stimulate the economy when it is in a downturn.

Opposite to Procyclical.


See also