wash trade
A trade in which someone simultaneously sells and buys the same financial instruments,…A trade in which someone simultaneously sells and buys (from themselves) the same financial instruments, to create misleading, artificial activity in the market (especially to make the instruments appear to be frequently traded and in demand).
Meaning
1 sensesA trade in which someone simultaneously sells and buys (from themselves) the same financial instruments, to create misleading, artificial activity in the market (especially to make the instruments appear to be frequently traded and in demand).
Forms
plural: wash trades| Singular | wash trade |
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| Plural | wash trades |
regular
Word family
2 related wordsSee also
neighbours in the dictionaryDictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.