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词汇 bed-and-breakfast-deal
释义 bed and breakfast deal
noun[ C ]
 FINANCEukus(alsobed and breakfasting[ U ])
in the UK, an illegal arrangement in which someone sells shares on the last day of a financial year and buys them back the next day in order to pay less capital gains tax:
The bank also did a number of bed and breakfast deals, selling and repurchasing holdings to use up Mrs Ross's capital gains tax allowance.
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