Skimming

Information about Skimming

Skimming has several meanings:
  • a very common form of tax evasion involves skimming cash off the top of the daily receipts of a business, converting "the take" to personal use, and thus not paying business or personal income taxes on it. A related crime involves cash-skimming by those handling it, not only to avoid tax, but to conceal it and steal it from one's partners or employers.
  • in reading, skimming is a high speed reading process
  • in surfing, skimboarding or skimming is hydroplaning in waves or on a thin layer of water covering a beach
  • in credit card fraud, skimming is where the data in the card's magnetic strip is copied to a duplicate card without the card owner's knowledge.
  • price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, then lowers the price over time.
  • separating liquids floating on top of each other, like in a oil skimmer that separates oil from the water it floats on.
  • a synonym for snowmobile skipping, or operating a snowmobile on open water
  • another term for Stone skipping especially popular in the UK and Ireland


Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
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Reading is an active skill-based process of constructing meaning and/or gaining knowledge from oral, visual, and written text (including Braille).

It is a means of language acquisition, of communication, and of sharing information and ideas.
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Skimming is a high speed reading process and involves visually searching the sentences of a page for clues to meaning. It is conducted at a higher rate (700 wpm plus) than normal reading for comprehension (around 200-230 wpm)(sometimes known as rauding), and results
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Surfing is a surface water sport.
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Skimboarding (or skimming) is a sport which involves riding a board on an outgoing wave.

History

The earliest known record of skimboarding dates back to 1920 in Laguna Beach, CA.
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Hydroplaning and hydroplane may refer to:
  • Hydroplaning (tires), a loss of steering or braking control when a layer of water prevents direct contact between road vehicle or aircraft tires and the road or runway surface

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Credit card fraud is a wide-ranging term for theft and fraud committed using a credit card or any similar payment mechanism as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account.
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magnetism is one of the phenomena by which materials exert attractive or repulsive forces on other materials. Some well known materials that exhibit easily detectable magnetic properties (called magnets) are nickel, iron and their alloys; however, all materials are influenced to
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Price skimming is a pricing strategy in which a marketer sets a relatively high price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management.
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Pricing is one of the four p's of the marketing mix. The other three aspects are product management, promotion, and place. It is also a key variable in microeconomic price allocation theory.
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A skimmer is a machine that separates a liquid or particles floating on another liquid. A common application is removing oil floating on water. These technologies are commonly used for oil spill remediation.
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Snowmobile Watercross or Snowmobile Skipping is a sport where snowmobile racers hydroplane their sleds across lakes or rivers.

History

The Grantsburg (Wisconsin) Lions Club held its first watercross competition in July 1977 when running snowmobiles over water was a
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Stone skipping is a pastime which involves throwing a stone with a flattened surface across a lake or other body of water in such a way that it bounces off the surface of the water. The object of the game is to see how many times a stone can be made to bounce before sinking.
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