Reference meaning
wash sale
Last updated
The sale of a security at a loss, and repurchase of the same or substantially identical security shortly before or after; used in tax evasion.
Source and scope
This definition is reproduced from English Wiktionary, sense en-wash_sale-en-noun-92VolwaS, under the CC BY-SA 4.0. It has not yet received VocabularyBase editorial review. Read the source and license details.