short-swing profit
- Profit earned by a corporate insider who buys and then sells, or sells and then buys, company stock within a specific time frame
- The director of the company was investigated for making a short-swing profit after buying and selling large amounts of stock within a six months period.
- Knowing he could encounter penalties, he decided not to pursue a short-swing profit strategy.
- Any profits arising from short-swing profit activities are generally recoverable by the corporation itself.
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