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What is Fiscal Flexibility

Describes the ability of fiscal policy to adjust in response to economic shocks, and the speed with which that adjustment takes place.

Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.

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Restraint of trade QROPS Enterprise Warrant of distress
Moving forward Secured creditor Prosumer Tangible Assets
Garnishment Codicil Obscuration Oligopoly
Intermediate Consumption Public Domain Bona vacantia Preferred stock
QUANGO Arrangement Fee Institutional Capacity Domicile of choice
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CHIP and PIN Withholding Tax Corner a market Abscond
Base64 Raw Materials Bid Vexatious Litigant

Term created / updated 2007-03-25 21:46:06

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