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Finance: What is a windfall? 2 Views
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Description:
What is a windfall? A windfall is the result of an unexpected large positive event. In the case of a company, it could be the earnings from a large contract above and beyond projections, or unanticipated sales growth from a PR campaign. When certain industries find that economic conditions have given business a boost, government may levy windfall taxes to take a piece of the extra prosperity.
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Transcript
- 00:00
Finance Allah Shmoop What is Ah windfall Waterfall snowfall pratfall
- 00:11
that none of those are what we're talking about here
- 00:14
So what's a windfall Well it's an incredible unexpected sudden
- 00:19
fortune usually of the dolla dolla bill variety like you're
- 00:23
at the blackjack table and you think you're only about
Full Transcript
- 00:26
to win fifteen bucks for that hand But it turns
- 00:29
out you just won the casinos one million hand and
- 00:33
suddenly you're surrounded by streamers and confetti and heavily made
- 00:36
up women in rhinestone studded dresses And well you're being
- 00:40
handed a massive check for one million dollars Yeah you
- 00:44
should probably not double down or you bought a Powerball
- 00:48
ticket on a whim You usually never waste your money
- 00:51
on these things But you had a single that was
- 00:53
just burning a hole in your pocket And you were
- 00:55
bored while you were waiting in line at the Quickie
- 00:57
Mart there So you took a shot and you scored
- 01:00
and now you're set for life Huge windfall Yeah Final
- 01:04
example You were employee number eight at Google and you
- 01:07
decide to finally cash in your stock options Less of
- 01:10
a windfall and more of a sky fall there but
- 01:13
well it might be time to do a Google search
- 01:15
for how much does it cost to buy your own 00:01:17.84 --> [endTime] island Yeah that's a good one
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