Capital_loss
Capital loss
Difference between a lower selling price and a higher purchase price
Capital loss is the difference between a lower selling price and a higher purchase price or cost price of an eligible Capital asset, which typically represents a financial loss for the seller.[1][2] This is distinct from losses from selling goods below cost, which is typically considered loss in business income.
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. (December 2010) |