Central bank money and Close company: Difference between pages

Revision as of 08:40, 8 October 2013

1. UK Tax. A company controlled directly or indirectly by five or fewer participators.

2. UK Tax. A company controlled entirely by participators who are all directors of the company.

3. More loosely, any company controlled by a small group of people or of other companies.

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-Central bank money comprises the two forms of money over which the central bank has exclusive rights and the greatest degree of control:
+. ''UK Tax''.
+A company controlled directly or indirectly by five or fewer participators.
-*Physical bank notes and coins.
+. ''UK Tax''.
-*Reserves in financial institutions' current accounts with the central bank.
+A company controlled entirely by participators who are all directors of the company.
+. More loosely, any company controlled by a small group of people or of other companies.
-It is also referred to as narrow money, the monetary base or M0, as it is the smallest established measure of the money supply.
+== See also ==
+* [[Participator]]
+[[Category:Taxation]]
-== See also ==
-* [[M0]]
-* [[M1]]
-* [[Money supply]]
-* [[Narrow money]]
-* [[Reserves]]