Cliff edge

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Revision as of 07:50, 9 February 2017 by 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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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.