step change

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step change

[′step ‚chānj]
(electronics)
The change of a variable from one value to another in a single process, taking a negligible amount of time.
References in periodicals archive ?
70 per bill, per week - but the amounts could be higher under the Universal Credit benefit changes, StepChange said.
Mike O'Connor, chief executive of StepChange Debt Charity, said: "We all face life's ups and downs, but for too many the result is severe problem debt - which can affect their work, relationships and even their mental health.
Mike O'Connor, chief executive of StepChange, said: "More and more families in the Liverpool area are falling into debt and struggling to make ends meet.
Debt advice charity StepChange said this decreasing trend was consistent with the national average as lenders have stricter borrowing requirements.
UK-based financial charity, StepChange, has said that commercial banks should end all unauthorised overdraft charges.
But StepChange said its evidence suggests some borrowers are being given loans without a full understanding of whether or not they can afford them.
StepChange said it is also concerned by the growth of instalment loans, lent over periods of two months to a year whch also carry very high rates of interest.
StepChange Debt Charity said it helped 28,000 people with payday loan debts in the first six months of 2016, and over a third (37%) of them had three or more such debts.
AN estimated 14 million people across Britain suffered an income shock in the last year, according to StepChange Debt Charity.
Figures released by the StepChange debt charity show 4,304 people in Wales called its helpline for advice in the first half of 2015 with average debts of PS13,443.
Utilita will pay Au450,000 to StepChange after Ofgem found it had wrongly blocked 40,000 of its customers from switching to other suppliers.
Financial responsibility charity StepChange, suggests asking five questions before you consider borrowing: How could this affect your relationship?