wash sale

Noun

Meaning

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

Source: en.wiktionary.org

Related terms

wash trade

Close letter words and terms

wash out one's mouth wash over wash room wash stand wash the crockery wash the dishes