Word.ws English Dictionary

Howey test

Howey test proper noun: a test to determine whether an instrument qualifies as an "investment contract" for the purposes of the Securities Act of 1933: it must be "a contract, transaction or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party".

Proper noun

the Howey test

  1. A test to determine whether an instrument qualifies as an "investment contract" for the purposes of the Securities Act of 1933: it must be "a contract, transaction or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party".

Origin of Howey test

Established as a result of the US legal case SEC v. W. J. Howey Co. (1946).

Questions about Howey test

What does Howey test mean?
Howey test means a test to determine whether an instrument qualifies as an "investment contract" for the purposes of the Securities Act of 1933: it must be "a contract, transaction or scheme whereby a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third party".
What part of speech is Howey test?
Howey test is a proper noun.

Words near Howey test in the dictionary

  1. Howett
  2. however
  3. however much
  4. however one slices it
  5. Howey
  6. Howey test
  7. howf
  8. howff
  9. howffs
  10. howfs
  11. howgh

Source and license

Adapted from Wiktionary: Howey test (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.

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