Home > Term: wash sale
wash sale
A practice in which promoters, through the connivance of brokers who pretend to carry through transactions and thus obtain false quotations, create a fictitious flurry of activity in the stock market.
- Kalbos dalis: noun
- Pramonės šaka / sritis: Mining
- Category: General mining; Mineral mining
- Government Agency: USBM
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- ed.young
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(Milwaukee, United States)