Examlex
____ means to change the phase of one thing in reference to another.
Capital Gain
The profit made from the sale of a capital asset, like real estate or stocks, that exceeds the purchase price.
Worthless
Pertaining to an asset that has lost all monetary value.
Short-term Loss
A monetary deficit incurred from the sale or trade of an asset owned for less than a year.
Surtax
An additional tax levied on top of the base tax rate for specific purposes or income brackets.
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