Capital loss
Money lost when you sell an asset (such as personal property, real estate, etc.) for less than it cost.
Example: Buy a building for $1,000,000, then sell it next year for $950,000. The capital loss is $50,000
See: Asset
| 单词 | capital loss |
| 释义 | Capital lossMoney lost when you sell an asset (such as personal property, real estate, etc.) for less than it cost. Example: Buy a building for $1,000,000, then sell it next year for $950,000. The capital loss is $50,000 See: Asset |
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