Balance [as pronounced in German or French] and often [as in English] Wash (wash)

The result of one engagement or a series of transactions that end in a zero net sum gain. This, for example, may be the result of a loss on one investment and a gain on another, or it could be the result of buying and selling the share of a single company, or in similar dealings).

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
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