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Whipsaw Glossary

Currently viewing the definition of: Flat Yield Curve
 
 
 A flat yield curve depicts securities that have the same credit rating, providing the same yield, irrespective of their maturity date. 
 


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    • Windfall Tax
      A one-off tax imposed on the profits of utility companies based on the company value at privatisation and its average value over the following four years. Just another opportunity for the government to raid the coffers of business.