The Law Dictionary

WASH SALE

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

Sale and purchase of a stock within a very short time frame, usually to manipulate taxes, where a gain can be washed out by losses on the transaction. Law Dictionary - Alternative Legal Definition In the language of the stock exchange, this is the operation performed by a broker who fills an order from one customer to buy a certain stock or commodity by simply transferring to … [Read more...]

WASH

TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.

A shallow part of a river or arm of the sea. … [Read more...]

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