AMOUNT RECOGNIZED
It is the capital loss or gain that should be reflected to the tax return of a taxpayer in a year. It actually refers to the implication to the tax of an asset sale or investment taking into account brokerage or selling fees.
It may be different from the amount realized as the latter is not usually used in a situation demanding tax.
POPULAR TERMS
Grading Certificate
Document issued by inspectors or an approved grading panel, stating the quality of a commodity. It is significant since a commodity must be declare ...
Protective Stop
A strategy used to protect existing gains or prevent further losses by means of a stop-loss order or limit order. It is set to activate at a specif ...
Fixed Amortization Method
One of three methods by which early retirees of any age can access their retirement funds without penalty before turning 50.5. The fixed amortizati ...
Pretax Rate Of Return
The rate of return on an investment that does not take the taxes the investor must pay on this return. Because individuals' tax situations diff ...
Notional Value
The total value of a leveraged position's assets. This term is commonly used in the options, futures and currency markets because a very small ...
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SEE FOREX TUTORIAL
Ethical Investing: Instruments for Ethical Investing
The investment instruments available to ethical investors are similar to those available to all other investors, including bonds, exchange-traded f ...
A Guide to Your Personal Income Tax: Essentials
In the United States, the progressive tax system is one of the most important yet misunderstood concepts of tax planning. Whenever people are asked ...
An Introduction to the Basics of Economics
Economics, as defined by the dictionary, is the science that is concerned with the process or system by which goods and services are produced, sold ...
Buying a Home: Choosing the Best Location
The first consideration when buying a new house is choosing the place where you want to live, regardless if this will serve as an investment or upg ...
Buying a Home: Selecting a House Suitable for Your Needs
After choosing the best location of your new house, it is about time to decide on the home that you want. Basically, there are three types of homes ...
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