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Why Is the Disposition Effect Costly from a Tax Perspective

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Why is the disposition effect costly from a tax perspective?


Definitions:

Stratified

Layered or arranged in layers, often referring to the structure of tissues in biology or the arrangement of sedimentary rocks in geology.

Abyssal

Refers to the deepest parts of the ocean, typically areas below 2,000 meters, characterized by very low temperatures, high pressures, and complete darkness.

Bathypelagic

Referring to the deep-sea zone, lying between about 1000 to 4000 meters below the ocean's surface, characterized by complete darkness.

Epipelagic

The uppermost layer of the ocean, extending from the surface down to about 200 meters, where sunlight is plentiful, supporting a diverse range of life.

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