Legal Definition and Related Resources of Capital Loss
Meaning of Capital Loss
For purposes of deductibility in relation to income tax , a loss resulting from sale or exchange of capital asset is a capital loss as opposed to an ordinary loss. Stamler vC.I.R., 145 F.2d37.
Financial Definition of Capital Loss
The difference between the net cost of a security and the net sale price, if that security is sold at a loss.
Related Entries of Capital Loss in the Encyclopedia of Law Project
Browse or run a search for Capital Loss in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Capital Loss in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Capital Loss in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Capital Loss in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
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Translate Capital Loss from English to Spanish
Translation of Capital Loss, with examples. More about free online translation into Spanish of Pérdida de capital and other legal terms is available here.
- Pérdida de capital
- Legal English Translation
See Also
Capital gains.
United States Tax Concept of Capital Loss
The loss from the sale of a capital asset such as stocks, bonds, mutual funds and real estate. The difference between amount realized and adjusted basis on the sale or exchange of capital assets. Capital losses are deducted first against capital gains, and then against up to $3,000 of other income.
Concept of Capital Loss in the context of Real Property
A short definition of Capital Loss: Loss from the sale of a capital asset. The difference between the purchase and sale price plus allowable deductions, less depreciation.
Concept of Capital Loss in the context of Real Property
A short definition of Capital Loss: Loss from the sale of a capital asset. The difference between the purchase and sale price plus allowable deductions, less depreciation.
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