Examlex
Leukemia is a tumor in the blood.
Adjusted Basis
The original cost of an asset adjusted for factors such as depreciation or improvements, used to calculate capital gains or losses for tax purposes.
Straight-line Depreciation
A method of calculating the depreciation of an asset evenly over its useful life.
Single Category Average Cost Method
A method for calculating the cost basis of mutual funds, ETFs, or stocks for tax purposes, where all shares are considered to have the same average cost.
Long-term Loss
A loss realized on the sale or exchange of a capital asset held for more than one year.
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