wash-sale
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wash sale
noun
1.
a sale of a stock at a loss and repurchase of the same or substantially identical stock within 30 days, for which the capital loss is disallowed for tax purposes.
2.
the simultaneous purchase and sale of large amounts of a stock or commodity by the same speculator so as to give a false appearance of wide market activity and interest in the stock or commodity.
Origin:
1840–50, Americanism
1840–50, Americanism
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Link To wash-sale
Collins
World English Dictionary
| wash sale | |
| —n | |
| (US) the illegal stock-exchange practice of buying and selling the same securities at an inflated price through a colluding broker to give the impression that the security has a strong market | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Wash-sale
is always a great word to know.
So is bezoar. Does it mean:
| a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison. |
| a fool or simpleton; ninny. |
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