Financial Dictionary

This dictionary contains:
24549
financial terms

Wash sale rule




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.

RELATED TERMS
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Loss
The opposite of gain.

Sale
An agreement between a buyer and a seller on the price to be paid for a security, followed by delivery.

Investment
The purchase of materials, machines, property, securities, etc. in order to produce income or profits.



SIMILAR TERMS
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Wash
Gains equal losses.

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 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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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
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

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.

Watered stock
Stock that is issued with a value much greater than the value of the issuing company's assets.

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This dictionary contains 24549 terms.







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