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SEP
1[sep]
noun
Simplified Employee Pension: a tax-deferred pension plan for companies with 25 or fewer employees or for self-employed persons, in which an IRA is funded by employer and employee contributions.
sep.
2abbreviation
separate.
separated.
Example Sentences
The private label food and beverage company said its shareholders will receive $22.50 a share in cash, which represents a 38% premium to the company’s closing price on Sep. 26, the last trading day prior to market speculation around a transaction.
As former Fed economist Claudia Sahm has written, “The medians in the SEP aren’t the Fed forecast and never will be.”
As former Fed economist Claudia Sahm has written, “The medians in the SEP aren’t the Fed forecast and never will be.”
For the three months ended Sep. 30, net revenue rose to $667 million from $544 million for the same period a year earlier, the company said Tuesday.
The Fed’s latest Summary of Economic Projections, or SEP, published after its September policy meeting, revealed a pronounced split in the way Fed officials measured the risk of sticky inflation against that of a softening labor market.
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