Financial Dictionary

This dictionary contains:
24549
financial terms

Wash




Wash

Gains equal losses.



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Warehouse receipt
Is another form of documentation indicating ownership of a commodity at an approved warehouse or storage facility.

Warehousing
Storing goods in warehouses; in finance, using other people to buy shares prior to a takeover bid.

Warrant
A security issued at the same time as a bond, giving the holder the right to buy the same company's equities at a given price from a certain date.

Warranty
A contract in which a seller commits to a buyer that any faulty workmanship or product failure occurring within a specified period will be rectified at no cost to the buyer.

Warsaw Stock Exchange
The major securities market of Poland.

Wash

Wash sale
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.

Wash sale rule
An IRS rule prohibiting a taxpayer from claiming a loss on the sale of an investment when the same investment was purchased within 30 days before or after the sale date.

Wash traging
An illegal stock trading practice where an investor simultaneously buys and sells shares in a company through two different brokers.

Wasting asset
Is a derivative instrument that may expire worthless after a stated time or event.

Wasting assets
Those which are gradually exhausted in production and cannot be replaced.

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This dictionary contains 24549 terms.







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