Top-heavy

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Top-heavy

At a price level where supply is exceeding demand. See: Resistance level.

Top-Heavy

Informal; describing a security trading at a price at which there are more sellers than buyers. Because there is a lack of demand at the top-heavy price, the security is likely to undergo a price correction. See also: Resistance level.
References in periodicals archive ?
416-1, V-7; For additional rules regarding vesting in a top-heavy plan, see Treasury Regulations.
Under the Act, a safe harbor 401(k) plan is automatically considered not to be top-heavy (even if it primarily benefits certain key employees) and, thus, will no longer be subject to the minimum contribution and vesting standards of top-heavy plans.
3) Faster vesting is required for top-heavy plans and for the match portion of traditional 401(k) plans.
Tax policy principles governing qualified plans are presented for defined-benefit plans, defined-contribution plans, the participation of individuals in more than one plan and top-heavy plans.
Such exclusions may significantly reduce the cost of employer contributions, particularly in money purchase plans, defined benefit plans and top-heavy plans.