Windfall
Risk & psychologyMoney arriving outside normal income.
In plain terms
Just as real as salary, and treated differently — which is exactly where the mistakes come from.
1678 terms
Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 2 terms
Read the full lesson →
Windfall tax
Regulation & taxAlso called: Special additional excise duty, SAED
A levy on profits seen as unusually high because of external events, such as a spike in oil prices.
In plain terms
India levied one on domestic crude and fuel exports from July 2022 and removed it in December 2024.