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top slicing

   Also found in: Encyclopedia 0.01 sec.
top slicing
n
(Economics, Accounting & Finance / 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


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Media regulator Ofcom recently proposed top slicing the licence fee as one possible way to keep plurality in public service broadcasting.
I believe there are very, very strong arguments against top slicing the licence fee because you break the clarity of the link with the public.
The voluntary scheme -- to be called Tir Cynnal (Land Support) -- will be half funded by 10% modulation, or top slicing, of the new single farm payment.
 
 
 
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