ordinary loss

Tax. A loss incurred from the sale or exchange of an item that is used in a trade or business.

• The loss is deductible from ordinary income, and thus is more beneficial to the taxpayer than a capital loss.

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词条贡献者

资深译员姚坚，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，专注翻译各种与私募资本有关的法律文件。