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Combustion reactions are substitution reactions with oxygen.
Recognized Gain
The portion of profit or loss from the sale of an asset that must be reported on a taxpayer's income tax.
Sales Commission
A portion of the sale price of goods or services paid to the salesperson as a reward for making the sale.
Wash Sale Rules
IRS regulations that disallow the claim of a capital loss for tax purposes if a substantially identical security is purchased within 30 days before or after the sale.
Loss Disallowed
A financial loss that cannot be deducted from taxable income as per tax regulations, often due to specific restrictions or limitations.
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