windfall (redirected fromWindfall profits) Thesaurus Financial Encyclopedia wind·fall (wĭnd′fôl′) n. 1.A sudden, unexpected piece of good fortune or financial gain. 2.Something, such as a ripened fruit, that has been blown down by the wind. ...
A sudden, unexpectedprofitorgain. A windfall may occur, for example, after a company announces anearnings surpriseand itsstockconsequently jumps significantly. Companies may also experience windfall whendemandfor their products skyrockets; for example, an umbrella manufacturer may see windfall during an ...
Redistribution of Wealth:By taxing windfall gains, governments aim to redistribute excessive profits and ensure a fairer distribution of wealth across society. This promotes social equity and reduces wealth disparities between different economic strata. Stabilizing Prices:Windfall taxes can also be used as...
In accounting, what is the definition of "dilution"? Define revenue. What is the effect on the accounting equation when cash dividends are paid? What is return on investment (ROI)? Give the definition of the following term: Windfall gain. ...
What is the definition of diluted earnings per share? Define the following term: Earnings quality. What are transitory earnings? Give some examples. Give the definition of the following term: Windfall gain. Explain why there is a cost of retained earnings. Explain how to find the retained earni...
This windfall was intended to provide for a lifetime of medical and income needs. The claimant or his/her family was then forced into the position of becoming the manager of a large sum of money. In an effort to create a more financially stable arrangement for the claimant, the Structured...
It is usually put in place to offset income inequality. This is especially true for windfall profits. In the United States, excess profits taxes have been used by the federal government during times of crisis (World War I and World War II). What Is an Excess Profits Tax? An excess prof...
To sum it up, picture a bustling restaurant. The income is every dollar patrons spend on meals. Profit is what remains after paying for ingredients, chef salaries, rent, and other costs. Cash flow? It's the actual cash the restaurant has on hand, accounting for those patrons who haven't...
According to a 2006 report from the Congressional Research Service, the windfall profits tax (WPT) generated $80 billion in gross revenues between 1980 and 1988, "significantly less than the $393 billion projected. Due to the deductibility of the WPT against the income tax, cumulative net WPT ...
of that bonus may change in anticipation of the additional earnings. However, it is also possible that workers may choose not to increase their spending based solely on a short-term windfall. They may instead make efforts to increase their savings, based on the expected boost in income. ...