bond-washing — bondˈ washing noun An illegal series of deals in bonds designed to avoid payment of tax • • • Main Entry: ↑bond … Useful english dictionary
Bond Washing — The practice of selling a bond just before it pays a coupon payment and then buying it back once the coupon has been paid. Bond washing results in a tax free capital gains because after the coupon has been paid, the bond will sell for less. Bond… … Investment dictionary
bond washing — See dividend stripping … Big dictionary of business and management
bond-washing — / bɒnd ˌwɒʃɪŋ/ noun selling securities cum dividend and buying them back later ex dividend, or selling US Treasury bonds with the interest coupon, and buying them back ex coupon, so as to reduce tax … Dictionary of banking and finance
bond — n. & v. n. 1 a a thing that ties another down or together. b (usu. in pl.) a thing restraining bodily freedom (broke his bonds). 2 (often in pl.) a a uniting force (sisterly bond). b a restraint; a responsibility (bonds of duty). 3 a binding… … Useful english dictionary
Bond — n. & v. n. 1 a a thing that ties another down or together. b (usu. in pl.) a thing restraining bodily freedom (broke his bonds). 2 (often in pl.) a a uniting force (sisterly bond). b a restraint; a responsibility (bonds of duty). 3 a binding… … Useful english dictionary
washing — / wɒʃɪŋ/ noun US the practice of selling and buying back the same security, so as to reduce tax liability, or to increase trading volume. ⇒ bond washing … Dictionary of banking and finance
Christopher Bond — This article is about the British playwright. For the US politician, see Kit Bond. Christopher Godfrey Bond (born 1945)[1] is a British playwright whose 1973 retelling[2] of the Victorian tale Sweeney Todd formed the basis of Stephen Sondheim s… … Wikipedia
dividend stripping — bond washing The practice of buying gilt edged security after they have gone ex dividend (see ex ) and selling them cum dividend just before the next dividend is due. This procedure enables the investor to avoid receiving dividends, which in the… … Big dictionary of business and management
Lloyd's of London — Not to be confused with Lloyds TSB or Lloyd s Register. Lloyd s redirects here. For other uses, see Lloyd This article is about the insurance market. For the film, see Lloyd s of London (film). Lloyd s Type Ins … Wikipedia
