### Question
What does economic performance mean?


### Answer
**Economic performance** has the following meaning in *26 U.S.C. § 461*:

> given such term by subsection (h).

#### Citation:
  - *26 U.S.C. § 461*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart C-Taxable Year for Which Deductions Taken**

