Tobin tax
/ (ˈtəʊbɪn) /
noun
a proposed tax on foreign-exchange transactions intended to discourage destabilizing speculation while also raising large revenues that could be channelled to the developing world
Origin of Tobin tax
1late C20: after James Tobin (1918–2002), US economist who proposed it
Words Nearby Tobin tax
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Browse