Meaning of qof | Babel Free

Definitions

1. Alternative spelling of qoph.
   alt-of, alternative
2. Initialism of qualified opportunity fund.
   abbreviation, alt-of, initialism

Examples

“At the southern tip of the island that was shaped like a letter qof they splashed up a stone embankment and clambered stiff and stumbling like unarticulated iron beings.”

“Qualified Opportunity Fund (QOF): An investment vehicle with the specific purpose of investing in OZs. All qualifying investments must be made through QOFs in order to be eligible for the tax benefits. […] A temporary deferral on taxes for capital gains rolled over from a non-OZ investment into a QOF to be invested into an OZ.”

CEFR level