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wash sale. In DICTIOUS you will not only get to know all the dictionary meanings for the word
wash sale, but we will also tell you about its etymology, its characteristics and you will know how to say
wash sale in singular and plural. Everything you need to know about the word
wash sale you have here. The definition of the word
wash sale will help you to be more precise and correct when speaking or writing your texts. Knowing the definition of
wash sale, as well as those of other words, enriches your vocabulary and provides you with more and better linguistic resources.
English
Noun
wash sale (plural wash sales)
- (finance) The sale of a security at a loss, and repurchase of the same or substantially identical security shortly before or after; used in tax evasion.
- Synonym: (UK) bed-and-breakfast deal
See also
Further reading
- John Smullen, Nicholas Hand, editors (2005), “wash sale”, in A Dictionary of Finance and Banking, 3rd edition, Oxford University Press, →ISBN, page 429