wash sale
DefinitionStock approved by the Federal Reserve and an investor's broker as being suitable for providing collateral for margin debt. Depositing marginable stocks (or any other marginable securities) in a margin account is an effective way for an investor to reduce financing charges. However, the criteria to ensure that securities are suitable as collateral for margin debt can be quite strict. The Federal Reserve has a minimum set of standards for marginable stock, but a broker can choose to set stricter standards.
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wash sale is ...
... part of the Accounting, Stocks and Trading subjects.
... part of the Accounting, Stocks and Trading subjects.
Related Terms
wash sale appears in these other terms
wash sale rule
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