calendar effects

calendar effects definition - business

calendar effects

The impact a particular day, week, or month an asset is owned has on rates of return. For example, studies indicate tax selling produces downward pressure on stock prices during the end of the calendar year, followed by upward price pressure in January. See also January effect.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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