bed-pepping

bed-pepping
/'bed ˌpepɪŋ/ noun
an arrangement by which you sell existing investments and put the resulting cash into a PEP. This establishes any gains on the investments, so that you can calculate whether you should pay capital gains tax.

Dictionary of banking and finance. 2015.

Игры ⚽ Нужно решить контрольную?

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”