Home
E-Mail
Latest

Resource Equalisation Financial Glossary

What is it? This was a process introduced by central government in 2003/2004 as part of the grant review which aims to bring the average assumed level of council tax which authorities need to charge broadly in line with actual council tax levels.

Finance Term Definition Added By: William

The Resource Equalisation definition has been viewed 1635 Time(s)!




Send To Friends!

If you'd like to send the Resource Equalisation 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 Resource Equalisation. If you need any more information on this term, please don't hesitate to contact us.

Other Similar Finance Terms:

Financial Term Gearing is A ratio used to describe the use of debt as well as equity to fund a company. Gearing (%) = 100 * (Net borrowings (Total borrowings less cash and near cash assets) / shareholders funds)

Financial Term Minority interests is That part of net income or equity which is not attributable to the company but to others outside the company who hold shares in affiliated enterprises.

Financial Term Payment protection is A type of insurance to cover your monthly repayments on a credit card or loan should you lose your job or be too ill to work.

Financial Term Fair Market Value is The price at which property is transferred between a willing buyer and a willing seller, each of whom has reasonable knowledge of all pertinent facts and neither being under any compulsion to buy or sell.

Financial Term Fundamental research is Fundamental research is an activity designed to broaden scientific and technical knowledge not directly linked to industrial or commercial objectives.