Capital loss
Capital loss is the loss from the sale of a capital asset for less than its purchase price.
Definitions
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Capital loss. The loss from the sale of a capital asset for less than its purchase price.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
