单词 | wash sale |
释义 | wash sale in British Englishnoun 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 wash sale in American English US the pretended trading of stock, accomplished by buying shares at one broker and simultaneously selling an equal number of shares at another broker,in order to make trade in that stock appear active: an illegal practice wash sale in Finance (wɒʃ seɪl) Word forms: (regular plural) wash sales noun (Finance: Investment, Stocks) A wash sale is the act of selling a security at a loss and then buying the same security again shortly after. Wash sale rules restrict an investor from deducting the loss on a security if repurchased within30 days. Day traders may buy and sell the same stock frequently which can result in a wash sale. A wash sale is the act of selling a security at a loss and then buying the same security againshortly after. |
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