Short Swing Profit
Legal definition for Indian law research
Definition
short-swing profit
: a profit made by a corporate insider who purchases stock and sells it or sells stock and purchases it within a prescribed period NOTE: Section 16(b) of the Securities Exchange Act of 1934 provides that a corporation may recover short-swing profits realized by an insider within six months.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.