allowable capital loss (english) - meaning, definition, translation, pronunciation

Part of Speech

Noun

Phonetic Transcription

/əˈlaʊəbl ˈkæpɪtəl lɔs/

Meaning and Usage

An "allowable capital loss" refers to the loss on the sale of a capital asset that can be used to reduce taxable income by offsetting capital gains. It is important in financial and tax contexts, where it provides taxpayers the ability to lessen their taxable income through investment losses. This term is primarily used in written financial documents, tax return forms, and discussions about capital gains tax.

Frequency of Use

The term is not commonly used in everyday conversation but appears frequently in written financial reports, legal documents concerning tax law, and discussions related to personal finance and investment strategies.

Example Sentences

1. The investor reported an allowable capital loss after selling his shares at a lower price than he had purchased them.

2. Инвестор заявил о допустимых капитальных потерях после продажи своих акций по цене ниже, чем он их покупал.

3. Taxpayers can benefit from an allowable capital loss by offsetting it against their capital gains for the year.

4. Налогоплательщики могут получить выгоду от допустимых капитальных потерь, компенсировав их своими капитальными доходами за год.

5. It’s crucial to document all transactions to accurately calculate your allowable capital loss for the tax return.

6. Очень важно задокументировать все сделки, чтобы точно рассчитать допустимые капитальные потери для налоговой декларации.

Idiomatic Expressions

While "allowable capital loss" itself is not commonly found in idiomatic expressions, it often appears in phrases associated with finance and investment. Here are some related examples:

1. "Taking a loss" can sometimes lead to "allowable capital loss" when filing taxes.

2. "Принятие убытков" иногда может привести к "допустимым капитальным потерям" при подаче налогов.

3. "Offsetting gains with losses" is a strategy that includes recognizing your allowable capital loss.

4. "Компенсация прибыли убытками" — это стратегия, которая включает в себя признание ваших допустимых капитальных потерь.

5. Investors often say, "Don't let a loss go to waste," as it can contribute to an allowable capital loss.

6. Инвесторы часто говорят: "Не дайте убытку пропасть", так как это может способствовать допустимым капитальным потерям.

7. "Maximizing tax efficiency" involves understanding how to report an allowable capital loss correctly.

8. "Максимизация налоговой эффективности" включает в себя понимание того, как правильно задекларировать допустимую капитальную потерю.

9. Many financial advisors recommend "realizing losses" to ensure you can claim an allowable capital loss when needed.

10. Многие финансовые консультанты рекомендуют "осознавать убытки", чтобы убедиться, что вы можете заявить о допустимой капитальной потере при необходимости.

Etymology

The term "allowable" comes from the Old French "alouer", meaning "to declare."

The term "capital" derives from the Latin "capitale" which means "of the head", relating to the principal sum of money.

The word "loss" originates from the Old English "los" meaning "loss" or "destruction". Together, "allowable capital loss" combines these elements to describe a financial concept valued in taxation contexts.

Synonyms and Antonyms

Synonyms: - Deductible loss - Allowed loss

Antonyms: - Capital gain - Excess profit

This comprehensive overview should give you a solid understanding of "allowable capital loss" and its context in the English language.