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wash sale Definition

☆ wash sale

noun

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

Browse dictionary entries near wash sale

  1. ‹ wash goods
  2. ‹ wash drawing
  3. ‹ wash-and-wear
  4. ‹ wash
  5. ‹ Wasatch Range
  6. ‹ wasabi
  7. ‹ was
  8. ‹ wary
  9. ‹ Warwickshire
  10. ‹ Warwick
  1. wash-sale rule ›
  2. washable ›
  3. washboard ›
  4. washbowl ›
  5. washcloth ›
  6. washday ›
  7. washed ›
  8. washed-out ›
  9. washed-up ›
  10. washer ›