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Definition of

wash sale

Stockholding & Investments

sale and repurchase of same stock the sale and then immediate repurchase of a block of stock. In the United States it may be used as a means of creating fictitious trading volume.

Related definitions of "wash sale"

Definitions of ’wash sale’ and meaning of ’wash sale’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’wash sale’ and other financial terms with our online QFINANCE Financial Dictionary.

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