Wash

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Related to Wash Trading: Cross Trade

Wash

Gains equal losses.

Wash

A situation in which the profit on one activity or investment equals the loss on another. When an investment is a wash, it is said to break even.
References in periodicals archive ?
There were no findings of price manipulation, attempted price manipulation or wash trading made against the company.
Wash trading, also known as 'Round Trip Trading,' is a misleading practice whereby two energy companies buy and sell electricity to each other at the same price and simultaneously, creating the appearance that the companies are doing more business than is really the case.
A week following the news of Reliant's wash trading the price of Reliant's stock had fallen 46%, to $7.