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:

    “If little faults, proceeding on distemper,
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    When capital crimes, chewed, swallowed, and digested,
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    —William Shakespeare (1564–1616)

    “There is no greater wealth than Virtue,
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