Examlex
Similar to an ISDN modem, a DSL modem is the same as the modem used for dial-up connections.
Purchase Price
The amount of money paid to buy a good, service, or asset; fundamental in calculating the basis for investment or tax purposes.
Capital Loss Deduction
A tax deduction that allows individuals to offset their capital gains with any losses they incurred on investments in a given tax year.
Carryover
Unused tax credits or deductions that can be applied to future tax years to reduce tax liability.
Short-term Loss
A loss realized on the sale or exchange of an asset held for one year or less.
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