Term of the day
climate change levy
The climate change levy is charged on electricity, coal (including hydrocarbon derivatives) and natural/petroleum gas supplied to industrial and commercial consumers. Suppliers are required to register and collect the tax. The levy is calculated at different rates for different fuels.
climate change levy in the news
In the UK Summer Budget 2015 speech, the chancellor said the government would remove the climate change levy exemption for renewably sourced electricity from 1st of August 2015.
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Basics of Finance
- AERAnnual equivalent rate; a rate of interest which shows how much interest you receive from an investment in one year if each interest payment...
- amortisation
- capital expenditure/spending
- Bank of England
- bonds
- budget deficit
- capital ratio
- carbon trading
- Chapter 11
- commercial bank
- recession
- corporate bond
- environmental fund
- credit squeeze
- derivatives
- inventory cycle
- Dow Jones
- earnings per share EPS
- The Fed
- externality
- EBITDA
- Economic and Monetary Union EMU
- free market
- price/earnings ratio
- futures contract
- gross domestic product
- government bonds
- investment bank
- like-for-like sales
- market study
- Moody's
- operating profit
- pension fund
- pre-tax profit
- preferred share
- procurement
- purchasing power parity PPP
- rights issue
- share price
- shareholder
- taxpayer dollars
- tier one capital
- tier two capital
- Treasury
- underwriting power
- universal bank
- Wall Street
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Buzz Words
- AbenomicsAbenomics is the name given to a suite of measures introduced by Japanese prime minister Shinzo Abe after his December 2012 re-election to...
- crowdfunding
- crowdsourcing
- Dodd-Frank Act
- ESG
- flash trading
- Glass-Steagall Act
- grey dollar
- hawk
- inflation targeting
- Keynesian economics
- microfinance
- MMO massively multiplayer online
- pregnant presenteeism
- sukuk (Islamic bonds)
- spread betting
- sustainable development
- too big to fail
- toxic assets
- Volcker rule
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In the News
- cyber crimeCyber crime involves activities like raiding bank accounts and stealing information from companies. ExampleIntel employee Biswamohan Pani...
- financial regulation
- dark pools
- Financial Policy Committee FPC
- IMF
- insider trading
- IPO
- Libor
- monetary transmission
- net neutrality
- peak oil
- Serious Fraud Office
- sovereign bonds
- strategic alliance
- proprietary trading
- Yellen Index
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