"wash trade" meaning in English

See wash trade in All languages combined, or Wiktionary

Noun

Forms: wash trades [plural]
Head templates: {{en-noun}} wash trade (plural wash trades)
  1. A trade in which someone simultaneously sells and buys (from themselves) the same financial instruments, to create misleading, artificial activity in the market (especially to make the instruments appear to be frequently traded and in demand). Wikipedia link: wash trade Categories (topical): Finance Related terms: wash sale, tape painting, paint the tape

Inflected forms

Download JSON data for wash trade meaning in English (1.9kB)

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  "forms": [
    {
      "form": "wash trades",
      "tags": [
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  "lang_code": "en",
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        {
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          "name": "Finance",
          "orig": "en:Finance",
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      "examples": [
        {
          "ref": "2022, Seoyoung Kim, DeFi For Dummies, John Wiley & Sons, page 116",
          "text": "To do so, you plan to list the NFT for sale and buy it from yourself at a buzzworthy sum—say, for 1,000 ETH. If you already have a lot of crypto wealth, you can easily execute this wash trade by simply purchasing the NFT from yourself using a second account.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "A trade in which someone simultaneously sells and buys (from themselves) the same financial instruments, to create misleading, artificial activity in the market (especially to make the instruments appear to be frequently traded and in demand)."
      ],
      "id": "en-wash_trade-en-noun-GQT5gt~t",
      "links": [
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        ],
        [
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        ]
      ],
      "related": [
        {
          "word": "wash sale"
        },
        {
          "word": "tape painting"
        },
        {
          "word": "paint the tape"
        }
      ],
      "wikipedia": [
        "wash trade"
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    }
  ],
  "word": "wash trade"
}
{
  "forms": [
    {
      "form": "wash trades",
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    }
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      "expansion": "wash trade (plural wash trades)",
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  "lang_code": "en",
  "pos": "noun",
  "related": [
    {
      "word": "wash sale"
    },
    {
      "word": "tape painting"
    },
    {
      "word": "paint the tape"
    }
  ],
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          "type": "quotation"
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      ],
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        "A trade in which someone simultaneously sells and buys (from themselves) the same financial instruments, to create misleading, artificial activity in the market (especially to make the instruments appear to be frequently traded and in demand)."
      ],
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-05-03 from the enwiktionary dump dated 2024-05-02 using wiktextract (f4fd8c9 and c9440ce). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

If you use this data in academic research, please cite Tatu Ylonen: Wiktextract: Wiktionary as Machine-Readable Structured Data, Proceedings of the 13th Conference on Language Resources and Evaluation (LREC), pp. 1317-1325, Marseille, 20-25 June 2022. Linking to the relevant page(s) under https://kaikki.org would also be greatly appreciated.