Budget and Covered position: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Administrator
(CSV import)
 
imported>Administrator
(CSV import)
 
Line 1: Line 1:
1.
A market position which is matched and offset by another market position, substantially eliminating the risk of adverse movements in the related market prices.
Any plan expressed in monetary terms.
 
2.
The level of taxation minus government spending. A budget surplus is where taxation exceeds government spending. A budget deficit is where government spending exceeds taxation.
 
3. '' UK.  ''
A formal statement - normally made annually - by the UK Chancellor of the Exchequer setting out the government's taxation proposals for the next fiscal year.


== See also ==
== See also ==
* [[Finance Act]]
* [[Covered interest arbitrage]]
* [[Fiscal year]]
* [[Market price]]
* [[Zero based budgeting]]
* [[Uncovered]]
   
   


Revision as of 14:19, 23 October 2012

A market position which is matched and offset by another market position, substantially eliminating the risk of adverse movements in the related market prices.

See also


Retrieved from ‘https://wiki.treasurers.org/w/index.php?title=Budget&oldid=12376’