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单词 bond washing
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bond washing
bond washing n. (see quots.)
ΘΚΠ
society > trade and finance > stocks and shares > [noun] > specific operations or arrangements > disreputable
poison pill1653
rig1826
cornering1841
wash-sale1848
washing1849
market-rigging1851
corner1853
watering1868
wreck1876
manipulation1888
wash1891
market mongering1901
matched orders1903
grey market1933
bond washing1937
warehousing1971
bed-and-breakfasting1974
dawn raid1980
1937 Economist 24 Apr. 220/1 The Chancellor proposes to abolish ‘bondwashing’—a term used to describe operations by which the owner of securities sells them at a price which covers accrued dividend, and repurchases them ex dividend.
1966 Economist 29 Jan. 439/2 Bond-washing also refers to the conversion of (taxable) dividend income into (tax-free) capital gains.
extracted from bondn.1
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