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Wash sale
Wash saleIs the sale of a security or instrument and the subsequent purchase with no economic interest. It can be motivated by tax or reporting purposes. RELATED TERMS-------------------------------------- Sale An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery. Security Piece of paper that proves ownership of stocks, bonds, and other investments. Purchase Buy; be long; have an ownership position. Interest The amount of money a lender loans a borrower to pay for using the borrower's principal. SIMILAR TERMS-------------------------------------- Wash Gains equal losses. 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. WASHINGTON AREA TEACHERS Credit Union WASHINGTON AREA TEACHERS is a credit union with head office in WASHINGTON, PA Washington banks Banks and credit unions licensed to operate in the State of Washington. Washington broker A resident of Washington who works as an intermediary, dealer or broker in a given industry or sector of economic activity. Washington commodity broker A resident of Washington who works as an intermediary in the commodity market WASHINGTON COMMUNITY Credit Union WASHINGTON COMMUNITY is a credit union with head office in WASHINGTON, PA WASHINGTON COUNTY POSTAL Credit Union WASHINGTON COUNTY POSTAL is a credit union with head office in DONORA, PA WASHINGTON COUNTY TEACHERS Credit Union WASHINGTON COUNTY TEACHERS is a credit union with head office in HAGERSTOWN, MD WASHINGTON EDUCATIONAL ASSOC Credit Union WASHINGTON EDUCATIONAL ASSOC is a credit union with head office in FRANKLINTON, LA WASHINGTON GAS LIGHT Credit Union WASHINGTON GAS LIGHT is a credit union with head office in SPRINGFIELD, VA WASHINGTON H SOUL PATTINSON and Company Limited WASHINGTON H SOUL PATTINSON and Company Limited is a large Australian company in the field of diversified financials. Their Australian Stock Exchange (ASX) code is SOL. Washington mortgage Financing of property purchase in Washington through mortgage loans. Washington mortgage broker Professional intermediaries licensed to find a mortgage loan for their clients in Washington. Washington mortgage quote Estimation of the interest rate, instalment amount and repayment period for a mortgage loan in Washington. Washington Mutual Washington Mutual is a top United States corporation in the field of banking, and its estimated market value is 36,680 million US dollars. Washington Mutual Bank A United States bank with head office in Stockton, California. Washington Post Washington Post is a top United States corporation in the field of media, and its estimated market value is 8,59 0 million US dollars. WASHINGTON POSTAL EMPLOYEES Credit Union WASHINGTON POSTAL EMPLOYEES is a credit union with head office in WASHINGTON, DC Washington real estate broker A resident of Washington who works as an intermediary between real estate property buyers and sellers. WASHINGTON Resources Limited WASHINGTON Resources Limited is a large Australian company.. Their Australian Stock Exchange (ASX) code is WRL. Washington stock broker A resident of Washington who works as an intermediary in the stock market. WASHINGTON TELEPHONE Credit Union WASHINGTON TELEPHONE is a credit union with head office in KENSINGTON, MD WASHINGTON TYPOGRAPHIC Credit Union WASHINGTON TYPOGRAPHIC is a credit union with head office in WASHNGTON, DC PREVIOUS AND NEXT TERMS-------------------------------------- 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 Gains equal losses. Wash sale 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. Watch list A list of securities being monitored closely by a brokerage or exchange in order to spot irregularities. We thank you for using the Financial Dictionary to search for Wash sale. If you have a better definition for Wash sale than the one presented here, please let us know by making use of the suggest a term option. This definition of Wash sale may be disputed by other professionals. Our attempt is to provide easy definitions on Wash sale and any other medical topic for the public at large.
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