Try Our Apps
a sale of a stock at a loss and repurchase of the same or substantially identical stock within 30 days, for which the capital loss is disallowed for tax purposes.
the simultaneous purchase and sale of large amounts of a stock or commodity by the same speculator so as to give a false appearance of wide market activity and interest in the stock or commodity.
Based on the Random House Dictionary, © Random House, Inc. 2017.
Cite This Source
British Dictionary definitions for
) 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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source
Discover our greatest slideshows
Words Built For Speed
Hasta la Vista! 8 Goodbyes Worth...
14 Thought-Provoking Quotes About...
Should I use ALL-CAPS?
Browse more topics on our blog
What Is the Difference Between Discreet and Discrete?
Learn the correct uses of these two commonly confused homophones.
What Character Was Removed from the Alphabet?
What mistaken pronunciation gave this character its name?
This small mark has two primary uses: to signify possession or omitted letters.
How Do I Get a Word into the Dictionary?
People invent new words all the time, but which ones actually make it?
Word of the Day
Difficulty index for
Few English speakers likely know this word
Word Value for
Words With Friends
Nearby words for wash sale
wash one's dirty linen
wash one's dirty linen in public
wash one's hands of
wash someone's mouth out with soap