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TermInvesting

Wash sale

Rebuying the same investment within 30 days of selling it at a loss, which cancels the tax break (US).

Watch out for this

Wait 31 days or the loss will not count.

About this entry: short by design — every term in The Money Translator gets a one-sentence definition and a one-sentence reason to care. Some terms get deeper guides under the work.

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