1) Stock market
Found on
https://www.crosswordclues.com/clue/wash-sale
A wash sale (not to be confused with a wash trade), is a sale of a security (stock, bonds, options) at a loss and repurchase of the same or substantially identical security shortly before or after. The regulations around wash sales are to protect against an investor who holds an unrealized loss and wishes to make it claimable as a tax deduction wi...
Found on
http://en.wikipedia.org/wiki/Wash_sale
• A sale made in washing. See Washing, n., 3, above.
Found on
http://thinkexist.com/dictionary/meaning/wash_sale/
Purchase and sale of a security either simultaneously or within a short period of time, often in order to recognize a tax loss without altering one`s position. See: Tax selling.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosw.htm
"A security's purchase and sale either within a short period of time (typically thirty days) or simultaneously. If a wash sale occurs, the taxpayer cannot deduct any capital losses on the sale. Instead, the loss is added to the basis of similar securities that were recently purchased.
Found on
http://www.encyclo.co.uk/local/21213
Gains equal losses.
Found on
http://www.encyclo.co.uk/local/22402
Wash sale (Stock Exchange) A sale made in washing. See
Washing ,
noun , 3, above.
Found on
http://www.encyclo.co.uk/webster/W/9
The selling and repurchasing of an asset, usually stocks or bonds, within a very short time frame. People used to do this to realize a loss for tax purposes, but the IRS caught on and made such losses nondeductible for most taxpayers.
Found on
http://www.nolo.com/dictionary/wash-sale-term.html
Is the sale of a security or instrument and the subsequent purchase with no economic interest. It can be motivated by tax or reporting purposes. It is generally deemed to be a sham transaction. It can also be construed as creating fictitious trading activity.
Found on
http://www.oasismanagement.com/glossary/
No exact match found.
