capital loss :
- n the amount by which the purchase price of an asset exceeds the selling price; the loss is realized when the asset is sold
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- Capital Losses and Tax
Capital losses are never fun to incur, but they can reduce your taxable income. Knowing the rules for capital losses can help you maximize your deductions and make better choices about when to buy and ...
June 27, 2013 - Investopedia via Yahoo! Finance