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Windfall
(redirected from Windfall profits)

   Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia 0.01 sec.
Windfall
A sudden, unexpected profit or gain. A windfall may occur, for example, after a company announces an earnings surprise and its stock consequently jumps significantly. Companies may also experience windfall when demand for their products skyrockets; for example, an umbrella manufacturer may see windfall during an especially rainy year. See also: Windfall shares, Windfall tax.

windfall
An unexpected profit or gain. An investor holding a stock that increases greatly in price because of an unexpected takeover offer receives a windfall.


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The Oyu Tolgoi project, which is expected to employ 5,000 people at the mine and thousands more in the supply chain around it, was made possible when lawmakers recently scrapped a controversial windfall profits tax.
29 after the miner welcomed the Mongolian Parliament's approval of amendments to four laws, including the insertion of a sunset provision to cancel the three-year-old, 68% windfall profits tax on copper and gold effective January 1, 2011.
It also wants a change in the auctioning of pollution allowances for power firms, which could lead to windfall profits estimated at up to €15bn.
 
 
 
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