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wash sale
(redirected from Wash Sales)

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
wash sale
n.
The illegal buying of stock by a seller's agents to give the impression of an active market.

wash sale
n
(Economics, Accounting & Finance / Stock Exchange) US the illegal stock-exchange practice of buying and selling the same securities at an inflated price through a colluding broker to give the impression that the security has a strong market


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Gas agreement is 50/50 on the profit & 60/40 on credit cards including inside sales and car wash sales.
In this case, the law gets so complicated that many accountants don't understand it or even recognize some wash sales when they see them.
The book explains the mark-to-market rules, wash sales, short sales, straddles and foreign-currency-dominated instruments.
 
 
 
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