windfall legal definition - Search
  1. Dictionary

    wind·fall
    [ˈwin(d)ˌfôl]
    noun
    windfall (noun) · windfalls (plural noun)
    1. an apple or other fruit blown down from a tree or bush by the wind.
      • a piece of unexpected good fortune, typically one that involves receiving a large amount of money:
        "windfall profits"
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  2. People also ask
    What is a financial windfall?A windfall means an unexpected or sudden acquisition or advantage, often in the form of unforeseen financial gain. For many people, a financial windfall isn’t necessarily a life-altering moment. Often, it’s quieter than hitting the jackpot or winning the lottery (which, in many cases, can actually make beneficiaries more prone to bankruptcy).
    What is a windfall profit?For an individual, a windfall profit might result in a sudden boost in their income, beyond what they could have reasonably expected. Unlike a corporation, an individual is not expected to pass the profits on to others. Windfall profits are a sudden and unexpected spike in earnings, often caused by a one-time event that is out of the norm.
    What does windfall mean?Pick the best ones! Spelling Bee Quiz Can you outdo past winners of the National Spelli... The meaning of WINDFALL is something (such as a tree or fruit) blown down by the wind. How to use windfall in a sentence.
    What is a windfall tax?A windfall tax is a tax levied by governments against certain industries when economic conditions allow those industries to experience significantly above-average profits. Windfall taxes are primarily levied on companies in the targeted industry that have benefited the most from the economic windfall, most often commodity-based businesses.
     
  3. Windfall Profit Law and Legal Definition Windfall Profit is a profit that occurs suddenly as a result of an event not controlled by the company or person realizing the gain from the event. They can occur due to unforeseen circumstances in a product's market, such as unexpected demand or government regulation.
    definitions.uslegal.com/w/windfall-profit/
    Windfall means such amount in respect of any income, profits, gains or turnover relating to a period ending on or before the Effective Time as was neither actually received before the Effective Time nor reflected in the Working Capital Statement but which, had it been actually received before the Effective Time or reflected in the Working Capital Statement, would have resulted in an increase in the Purchase Price.
    www.lawinsider.com/dictionary/windfall
     
  4. Windfall Definition | Law Insider

     
  5. Windfall Tax: Definition, Purposes, Examples - Investopedia

  6. Windfall Definition & Meaning - Merriam-Webster

  7. Windfall Profits: What it is, How it Works, Examples - Investopedia

  8. Windfall Profit Law and Legal Definition | USLegal, Inc.

  9. Windfall: Usage, Definition, and Word History

    WEBA windfall means an unexpected or sudden acquisition or advantage, often in the form of unforeseen financial gain. Swimmin' in it. For many people, a financial windfall isn’t necessarily a life-altering moment.

  10. Windfall Legal Meaning & Law Definition: Free Law Dictionary

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  14. Tax and Financial Strategies for Windfalls - The CPA …

    WEBNov 14, 2017 · Under federal law, the receipt of a windfall may be taxable or tax-free. The general rule is that income from any source is includible in gross income [Internal Revenue Code (IRC) section 61]; however, there …

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  22. WINDFALL | English meaning - Cambridge Dictionary

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