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:

    “Had I made capital on my prettiness, I should have closed the doors of public employment to women for many a year, by the very means which now makes them weak, underpaid competitors in the great workshop of the world.”
    —Jane Grey Swisshelm (1815–1884)

    “Love seeketh only self to please,
    To bind another to its delight,
    Joys in another’s loss of ease,
    And builds a Hell in Heaven’s despite.”
    —William Blake (1757–1827)