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Windfall
(redirected from windfall profit)

    Also found in: Dictionary/thesaurus, Legal, Financial, Acronyms, Wikipedia 0.01 sec.
windfall
1. something blown down by the wind, esp a piece of fruit
2. Chiefly US and Canadian a plot of land covered with trees blown down by the wind
Windfall 

the uprooting of trees by the wind. Windfalls increase with the age of a forest. Trees suffering from root rot are particularly susceptible to windfall, as are trees grown in a dense forest that are left exposed after the felling of neighboring trees. In order to prevent windfall it is necessary to carry out systematic felling, plant wood stands, and lay wind-resistant borders.
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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.
Investors keen to get a piece of Mongolia by Times of Oman (Muscat, Oman)
Mongolia's parliament has scrapped a 68-percent windfall profit tax, local media reported Wednesday, removing a key obstacle blocking a huge copper project for miners Rio Tinto and Ivanhoe.
Mongolia bins tax, allows big mine project: report by AFP / AFP Asian Edition
Mongolia's parliament has scrapped a 68-percent windfall profit tax, local media reported Wednesday, removing a key obstacle blocking a huge copper project for miners Rio Tinto and Ivanhoe.
Mongolia bins tax, allows big mine project: report by AFP / AFP Global Edition
 
 
 
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