Examlex
_____ that are not technology oriented must develop new capabilities to survive.
Gift
A voluntary transfer of property or funds from one person to another without receiving anything in return, or at least without expecting a return equal to the value of the gift.
Short-Term Capital Loss
A financial loss realized on the sale of securities or assets held for one year or less, which can be used to offset capital gains for tax purposes.
Long-Term Capital Gain
The profit from the sale of an asset held for more than a year, generally taxed at a lower rate than short-term gains.
AGI
Adjusted Gross Income, the total income minus specific deductions, serving as a basis for calculating taxable income and certain tax credits.
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