• Is an investment which is losing money or an unprofitable project.

 Referenced Terms
 Toxic waste swap: Is a transaction whereby two traders agree to exchange toxic waste or deeply Underwater securities with one another with a swap transaction. Here, the traders can hide the losses associated with the initial losing position. Nevertheless, both parties continue to hold positions insecurities which are inherently overvalued for trading or investment purposes. Upon discovery these positions will be subject to severe mark downs in price.

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"Green" Banking: Saving the Environment as You Save and Borrow Money: You're probably already recycling paper, glass and plastic. But did you know you also may be able to help save the environment as you do your banking? Here are options that may be available from your bank. More...

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