Part of Speech: n.
Quotation: Another tactic, if an investor thinks a company is fundamentally sound but wants to crystallise the loss, is to sell in June and buy the same stock back in July, a practice known as bed-and-breakfasting and strictly forbidden by the Tax Office.
Author:
Barbara Drury
Publishing Location:
Australia
Date of Publication:
July 10, 2006
This catchword has yet to be researched.