bed-and-breakfast deal en · NOUN
Etymology
From the idea that one might stay in a bed and breakfast, since the trades take place on two consecutive days.
Meanings
- (UK) The practice of selling a position on the last trading day of the year to establish a tax loss, and then repurchasing early on the first session of the new trading year, to restore the position.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| bed-and-breakfast deals | Number=Plur | lexicographic |