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bed and PEP

British  

adjective

  1. (of a stock-exchange transaction) complying with regulations for self-select PEPs, a shareholding being sold in the evening and bought back the next morning for the shareholder's own PEP

"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

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