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,
    Shall not be winked at, how shall we stretch our eye
    When capital crimes, chewed, swallowed, and digested,
    Appear before us?”
    —William Shakespeare (1564–1616)

    “Somebody who should have been born
    is gone.

    Yes, woman, such logic will lead
    to loss without death. Or say what you meant,
    you coward . . . this baby that I bleed.”
    —Anne Sexton (1928–1974)