|
|
Higher rate adjustment |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Higher rate adjustmentAn income tax coding allocated to people who pay tax at the higher rate.For interest received from banks or dividends from shares etc, the higher rate adjustment enables the Inland Revenue to collect the additional tax due over and above the basic rate.Similar MatchesAdjustment bondAdjustment bondA bond issued in exchange for outstanding bonds when a corporation facing bankruptcy is recapitalized. Balance of payments adjustment mechanismBalance of payments adjustment mechanismAny process, especially any automatic one, by which a country with a payments imbalance moves toward balance of payments equilibrium. Under the gold standard, this was the specie flow mechanism. Adjustment assistanceAdjustment assistanceGovernment program to assist those workers and/or firms whose industry has declined, either due to competition from imports (trade adjustment assistance) or from other causes. Such programs usually have two (conflicting) goals: to lessen hardship for those affected and to help them change their behavior -- what, how, or where they produce. International adjustment processInternational adjustment process1. Any mechanism for change in international markets. 2. The mechanism by which payments imbalances diminish under pegged exchange rates and nonsterilization. Similar to the specie flow mechanism, exchange-market intervention causes money supplies of surplus countries to expand and vice versa, leading to price and interest rate changes that correct the current and capital account imbalances. Structural adjustmentStructural adjustmentThe reallocation of resources (labor and capital) among sectors of the economy in response to changing economic circumstances, including trading conditions, or changes in policy. Further SuggestionsTrade adjustment assistanceAdjustment date Structural adjustment program Cumulative Translation Adjustment (CTA) account Walrasian adjustment Adjustment mechanism Marshallian adjustment Border tax adjustment |
|
|
|