As an investor in today's complex world, you're bombarded by industry terminology everywhere you turn. In the FESCO Investing Terms Glossary we've defined many of these terms for you in an easy-to-understand manner.
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| Investing Glossary: "W" Terms |
Wash Sale |
The sale of one security at a loss (or gain) to offset the gain (or loss) on another security. |
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Withdrawal Plan |
A service offered by many mutual funds under which shareholders receive payments from their investments at regular intervals. Moneys paid to the investor are usually drawn from capital as well as from capital gains and investment income. |
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