Capital Loss

Capital loss is the difference between a lower selling price and a higher purchase price, resulting in a financial loss for the seller. The IRS states that "If your capital losses exceed your capital gains, the excess can be deducted on your tax return".

Famous quotes containing the words capital and/or loss:

    “It is a capital blunder; as you discover, when another man recites his charities.”
    —Ralph Waldo Emerson (1803–1882)

    “I could lecture on dry oak leaves; I could, but who would hear me? If I were to try it on any large audience, I fear it would be no gain to them, and a positive loss to me. I should have behaved rudely toward my rustling friends.”
    —Henry David Thoreau (1817–1862)