Financial Dictionary

This dictionary contains:
24549
financial terms

Wash sale




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.

RELATED TERMS
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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
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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
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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.

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This dictionary contains 24549 terms.







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