TOP-SLICE Meaning and
Definition
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Top-slice is a financial term referring to the practice of deducting or setting aside a specific portion or percentage of funds from a larger amount or total for a designated purpose. This term can be used in various contexts, such as government budgeting, business revenue allocation, or even charitable donations.
In government budgeting, top-slice often refers to the practice of taking a portion of the overall budget and allocating it to specific sectors or departments. This approach allows governments to prioritize certain areas and ensure adequate funding to address critical needs or initiatives. By setting aside funds from the total budget, governments can avoid spreading resources too thin and instead focus on targeted areas of importance.
Similarly, in business revenue allocation, top-slice refers to the practice of dedicating a portion of profits or revenue towards specific projects, investments, or operational requirements. By separating and allocating a specific percentage of funds, businesses can ensure that essential areas, such as research and development or marketing, receive adequate funding.
In the context of charitable donations, top-slice refers to a practice where a fraction of donations received by an organization is set aside for administrative expenses or overhead costs. This allows charities to cover operational expenses while also ensuring that the majority of the donations directly support the intended cause or beneficiaries.
Overall, top-slice involves the systematic dedication of a portion of funds or resources for a specified purpose, whether it's in government budgeting, business revenue allocation, or charitable donations.
Common Misspellings for TOP-SLICE
- rop-slice
- fop-slice
- gop-slice
- yop-slice
- 6op-slice
- 5op-slice
- tip-slice
- tkp-slice
- tlp-slice
- tpp-slice
- t0p-slice
- t9p-slice
- too-slice
- tol-slice
- to--slice
- to0-slice
- top0slice
- toppslice
- top-alice
- top-zlice
Etymology of TOP-SLICE
The term "top-slice" is a compound word formed from the combination of "top" and "slice". While "slice" has a straightforward etymology derived from the Old English word "slician", meaning "to cut or slice", the origin of "top" in this context is more nuanced.
In this usage, "top" refers to a portion or percentage taken from the top or highest level. The root of "top" is the Old English word "topp", which originally referred to the highest point or crown of an object. Over time, it developed various senses such as the highest point of a head, a tuft or cluster of leaves on a plant, etc.
The term "top-slice" gained popularity in the financial and economic context, especially in relation to the banking industry.
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