The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BED AND BREAKFASTING Definition & Legal Meaning

Definition & Citations:

In the UK markets, the practice of selling COMMON STOCK of a company on one day and repurchasing it the following day in order to establish a gain or loss for tax purposes; bed and breakfasting was outlawed starting in 1997. See also WASH SALE.


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