The Yahoo Small Business Dictionary defines, explains, and cross-references more than 1,800 key small business words, phrases, acronyms, and concepts, covering topics including small business finance, management, sales, startup, exit strategy, and growth. To use the dictionary, type a word in the search box or click a letter to browse the listings alphabetically.

Salary Reduction Simplified Employee Pension Plan (SARSEP)

pretax contributions to their IRAs through salary reduction each year. The Small Job Protection Act of 1996 replaced SARSEPs with SIMPLE (Savings Incentive

Glossary provided by Campbell R. Harvey, Professor of Finance at Duke University.
Copyright © 2006, Campbell R. Harvey. All worldwide rights reserved. Do not reproduce without explicit permission.