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Meaning of bed-and-breakfast deal | Babel Free

Noun CEFR B2

Definitions

The practice of selling a position on the last trading day of the year to establish a tax loss, and then repurchasing early on the first session of the new trading year, to restore the position.

UK

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

bed-and-breakfast transaction bed-and-breakfasting bed-bath bed-chamber bed-closet bed-clothes

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