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Meaning of wash sale | Babel Free

Noun CEFR B2

Definitions

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.

CEFR level

B2

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

See also

wash trade wash trading wash-ball wash-basin wash-gilding wash-leather