top slicing


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top slicing

n
(Banking & Finance) the act or process of using a specific part of a sum of money for a special purpose, such as assessing a taxable gain
References in periodicals archive ?
The Panel noted the proposals took account of reduced central government grants, top slicing of other grants and the performance of the force generally.
The additional top slicing of police funding adds insult to injury and causes deep concern.
He said: "The additional top slicing of police funding adds insult to injury and causes deep concern.
Now it appears the answer to these attacks on Welsh broadcasting is, according to some, that of "robbing Peter to pay Paul" - namely top slicing the BBC licence fee.