Short-Short Test

0.01 sec.

Short-short test

A repealed IRS restriction, that used to limit profits from short-term trading, which three months, to 30% of gross income. The penalty for exceeding this limit would be the loss of certain tax-free benefits.

Short-Short Test

A former IRS restriction that limited returns on investments of less than three months to 30% of gross income. The penalty for accruing more than this was the loss of certain other tax breaks. This test negatively impacted mutual funds, the managers of which needed to ensure that they were not too successful. The short-term test was repealed with the Taxpayer Relief Act of 1997.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		Financial browser	?		Full browser	?
Taxpayer Relief Act of 1997			short form Short Form Prospectus Distribution System Short Hedge Short Interest Short Interest Ratio Short Interest Theory Short Leg Short Market Value Short Position short rate Short Ratio Short Run short sale Short Sale Rule Short Sell Against the Box Short Selling Short Settlement Short Squeeze short straddle Short Tender Short the Basis Short-Form Registration Short-Interest Ratio Short-run operating activities Short-Sale Rule Short-Short Test Short-Term Short-Term Bond Fund Short-Term Capital Gain short-term capital gain or loss Short-Term Capital Loss short-term debt Short-Term Discount Note Short-Term Discount Notes Short-Term Financial Plan Short-Term Gain Short-Term Gain or Loss Short-Term Interest Rate Short-Term Interest Rates Short-Term Investment Fund Short-term investment services Short-Term Loan Short-Term Moving Average Short-Term Municipal Bond Fund Short-Term Reserves Short-term solvency ratios Short-Term Tax Exempts Short-Term Trading Index Short-Term Trend Shortage cost Shortfall			Short-Range Layered Atmospheric Model Short-Range Missile Defense Short-Range Modem short-range navigation Short-Range Nuclear Forces short-range order Short-Range Radar Short-Range Radar Short-Range Surface-To-Surface Missile Short-range Transmitter short-range transport aircraft short-range unmanned aerial vehicle Short-ribs short-run short-run short-run Short-Run Aggregate Supply Curve Short-Run Average Cost Short-Run Equilibrium Short-run operating activities Short-sale rule Short-Scar Periareolar Inferior Pedicle Reduction Short-selling Short-selling Short-selling short-sheet short-sheeted short-sheeting short-sheets Short-Short Test Short-Short Tests Short-shorts Short-shorts Short-shorts Short-sighted Short-sighted Short-sighted short-sightedly Short-sightedness Short-sightedness Short-sightedness short-sleeved short-slot coupler short-snouted Short-Sold Short-Sold Short-Sold short-spoken short-spurred short-spurred fragrant orchid short-staffed short-stalked short-staple cotton short-stay Short-Stay Emergency Observation Ward Short-Stay Surgical Unit short-stemmed short-stop short-stop bath Short-story

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.