bed-and-breakfasting
n.— «Another tactic, if an investor thinks a company is fundamentally sound but wants to crystallise the loss, is to sell in June and buy the same stock back in July, a practice known as bed-and-breakfasting and strictly forbidden by the Tax Office.» —“Treasure hunt” by Barbara Drury Sydney Morning Herald (Australia) July 10, 2006. (source: Double-Tongued Dictionary)
Further reading
In 1971, when a new public library opened in Troy, Michigan, famous authors and artists were invited to write letters to the city’s youngest readers, extolling the many benefits of libraries. One of the loveliest was from E.B. White, author of...
Cat hair may be something you brush off, but cat hair is also a slang term that means “money.” In the same way, cat beer isn’t alcoholic — some people use cat beer as a joking term for “milk.” And imagine walking on a...