Ballentine's law dictionary. Anderson, W.S.. 1998.
Fictitious Credit — An outstanding balance in a margin account that cannot be withdrawn because it is being used as collateral. Fictitious credit is the result of proceeds from the short sale of securities, and is the opposite of a margin account s free credit… … Investment dictionary
fictitious credit — A margin account s credit balance. Fictitious credit exists after the proceeds from a short sale are accounted for with respect to the margin requirement. The proceeds from the short sale are reflected as a credit, but must stay in the account to … Financial and business terms
wash sale — noun : a prearranged fictitious sale of securities with no real change of ownership that is made to influence the market or to establish a loss for tax purposes * * * 1. a sale of a stock at a loss and repurchase of the same or substantially… … Useful english dictionary
dale and sale — Fictitious names of places, used in the English books, as examples The manor of Dale and the manner of Sale, lying both in Vale … Black's law dictionary
dale and sale — Fictitious names of places, used in the English books, as examples The manor of Dale and the manner of Sale, lying both in Vale … Black's law dictionary
wash sale — n [probably from the comparison of such a sale to the act of washing, which does not affect the nature of the thing washed]: a sale and purchase of securities that produces no change of the beneficial owner; specif: a sale of securities within 30 … Law dictionary
Antoine de la Sale — or la Salle (1385/6 to 1460/1) was a French writer.BiographyFamily and Early YearsHe was born in Provence, probably at Arles, the illegitimate son of Bernardon de la Salle, a celebrated Gascon mercenary, mentioned in Froissart s Chronicles. His… … Wikipedia
wash sale — The offsetting sale and purchase of the same or similar asset within a short time period. For income tax purposes, losses on a sale of stock may not be recognized if equivalent stock is purchased within thirty days before or thirty days after the … Black's law dictionary
wash sale — / wɒʃ seɪl/ noun US the sale and then repurchase of a block of shares (similar to the British ‘bed and breakfast deal’, though in the US it may also be used as a means of creating fictitious trading volume) … Dictionary of banking and finance
inheritance — /in her i teuhns/, n. 1. something that is or may be inherited; property passing at the owner s death to the heir or those entitled to succeed; legacy. 2. the genetic characters transmitted from parent to offspring, taken collectively. 3.… … Universalium
