long term capital lossglossary / long-term capital loss A loss on a capital asset held for an extended period, usu. at least 12 months. [Cases: Internal Revenue 3260. C.J.S. Internal Revenue § 127.] 词条贡献者 译员Clara,毕业于国内知名法学院,擅长翻译有关建筑领域的法律文件。