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单词 bond washing
释义

bond washing


bond washing

n (Banking & Finance) a series of deals in bonds made with the intention of avoiding taxation

Bond Washing


Bond Washing

The act or practice of selling a bond before a coupon is paid and buying it back immediately after the payment. After a coupon is paid, the price of the bond usually decreases by the amount of the coupon. Bond washing, then, is a way to produce a capital gain without having to pay tax on it.
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更新时间:2025/3/1 6:32:32