Examlex
What is social capital? How is it generated in personal and professional networks?
Recognized Loss
A loss on an investment that has been sold for less than its purchase price, which can be used to offset capital gains for tax purposes.
Publicly Traded
Refers to companies whose shares are bought and sold by the public on stock exchanges.
Basis
The amount of investment in a property for tax purposes, used to calculate gain or loss on the sale or other disposition of the property.
Condemnation Proceeds
Financial compensation received when property is taken by a government authority through eminent domain.
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