Capital loss

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.

  1. ^ O'Sullivan, Arthur; Sheffrin, Steven M. (2003). Economics: Principles in Action. Upper Saddle River, New Jersey 07458: Pearson Prentice Hall. p. 283. ISBN 0-13-063085-3.{{cite book}}: CS1 maint: location (link)
  2. ^ "Capital Loss Definition". Investopedia.

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