bed-and-breakfast deal

Questions

What does bed-and-breakfast deal mean?

The practice of selling a position on the last trading day of the year to establish a tax loss, and then repurchasing early on the first session of the new trading year, to restore the position.

Where does bed-and-breakfast deal come from?

From the idea that one might stay in a bed and breakfast, since the trades take place on two consecutive days.

How to pronounce bed-and-breakfast deal

1. Open the pronunciation page — Open the Speakur entry for “bed-and-breakfast deal”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
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4. Repeat and practice — Say “bed-and-breakfast deal” aloud, matching stress and vowels until it feels natural.