What does capital loss mean?

capital loss meaning in Law Dictionary

the total amount through which the purchase price of a secured item exceeds the price tag; losing is realized if the asset comes.

capital loss meaning in Business Dictionary

Loss experienced the sale (disposal) of a capital asset. Capital losings can be set off against capital gains to cut back tax liability, and money losings over current capital gains may be set-off against future capital gains.

capital loss meaning in General Dictionary

the total amount wherein the purchase price of an asset exceeds the value; losing is understood when the asset is sold