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Wash

• Gains equal losses.

 
 Referenced Terms
 Wash transaction: See Wash Sale.

 
 Related Terms
 Wash sale
Wash transaction

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Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity. - George S. Patton

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