Home
E-Mail
Latest

Assumed National Council Tax (ANCT) Financial Glossary

What is it? The standard level of council tax for a Band D property (the middle of the range) if all the authorities spent at the level of their Formula Spending Share (FSS.)

Finance Term Definition Added By: Brianna

The Assumed National Council Tax (ANCT) definition has been viewed 669 Time(s)!




Send To Friends!

If you'd like to send the Assumed National Council Tax (ANCT) definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -





We hope you now understand the meaning of Assumed National Council Tax (ANCT). If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term penciled in is An informal expression used to indicate that a potential buyers offer to purchase a portion of a new issue is accepted subject to the potential seller winning the bid to become the underwriter.

Financial Term Rider is A provision added to an insurance policy to add, amend, or alter the original coverage.

Financial Term Market Value is The value observed in the market place, whereby buyers and sellers negotiate mutually acceptable price for the asset.

Financial Term PLC Public Limited Company is The standard form of public company in the UK that qualifies for listings on the stock market. A public limited company is owned by its shareholders.

Financial Term delta is (1) The Greek letter used by mathematicians to refer to change or the quantity of change. (2) The price sensitivity of an option. The change in an options price divided by the change in the price of the underlying instrument. As an option becomes deeper in the money, its delta gets closer to 1.0. As an option get further out of the money, its delta gets closer to zero. However, the change is nonlinear - the delta changes faster when the option is close to being in the money. The rate of change in an options delta is called the options gamma.