Clientele and Cliff edge: Difference between pages
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(Difference between pages)
imported>Doug Williamson (Align with course materials - linked to Dividend irrelevancy theory) |
imported>Doug Williamson (Create the page. Sources: The Treasurer, February 2017 p08, Macmillan dictionary http://www.macmillandictionary.com/dictionary/british/cliff-edge, IAEA Safety Guide NS-G-1.6 https://wiki.treasurers.org/w/index.php?title=Cliff_edge&action=edit&redlink=1) |
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An abrupt and large transition from one state to another, either from the passing of time, or from a small change in an input which causes an unusually large change in an output. | |||
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Disruptive negative effects resulting from such a change. | |||
"Britain will seek a phased implementation [of Brexit changes] to avoid a 'disruptive cliff edge' when Britain eventually leaves the EU." | |||
''The Treasurer, February 2017, report on UK prime minister Theresa May's speech of January 2017.'' |
Revision as of 07:50, 9 February 2017
1.
An abrupt and large transition from one state to another, either from the passing of time, or from a small change in an input which causes an unusually large change in an output.
2.
Disruptive negative effects resulting from such a change.
"Britain will seek a phased implementation [of Brexit changes] to avoid a 'disruptive cliff edge' when Britain eventually leaves the EU."
The Treasurer, February 2017, report on UK prime minister Theresa May's speech of January 2017.