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    • Windfall Tax
      A one-off tax imposed on the profits of utility companies based on the company value at privatisation and its average value over the following four years. Just another opportunity for the government to raid the coffers of business.

The Finance Section Glossary

Currently viewing the definition of: Head And Shoulders
 
 
 In charting, a formation that as the name suggests, looks like a head and shoulders. The pattern suggests a fall in prices before the second arm is created. 
 

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