What SHORT SALE means: A sale in which the seller borrows the stock certificates or other property delivered to the buyer. At a later date, the seller either purchases similar stock or property necessary to "cover" the sale, and delivers it to the lender or delivers to the lender stock or property that he or she already held but did not wish to transfer at an earlier date. For income tax purposes, there is no gain or loss on the transaction until the short sale is covered by purchase and transfer. Special rules apply in determining whether the gain or loss on a short sale is a long-term or short-term capital gain or loss.
- Definition Straight-Line Depreciation:
- Dictionary A method of computing depreciation under which the depreciation deduction is the same for each full year short sale definition.
- Definition Stock In Trade:
- Dictionary Property held primarily for sale to customers in the ordinary course of business short sale explain.
- Definition Snail Mail:
- Dictionary A term often used by Internet aficionados to describe traditional ground mail via the U.S. Postal Service, referring to its relatively slow speed of delivery compared to e-mail short sale what is.
- Definition Separate Maintenance Payments:
- Dictionary Amounts paid to one spouse by the other spouse under a court order or agreement while they live apart short sale meaning.
How works Short Sale meaning in Tax definitions S .
