WASH

WASH

wash, n.

1. A situation in which two effects offset each other. ? For example, if an event produces gross income and also a deduction in the same amount so that taxable income is unchanged, the event creates a wash.

2. The shallow part of a river or the arm of a sea; the sand, rocks, and gravel washed down by a mountain stream and deposited on level land near the mouth of a canyon.


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Carl, Chinese legal translator, specializes in translating legal documents pertaining to complex business disputes.