word
Tax-Loss Harvesting
taks loss HAR-vest-ing
/tæks lɒs ˈhɑːrvɪstɪŋ/Listen
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Syllable breakdown
taxlossharvesting
Dictionary meaning
Selling investments at a loss to offset capital gains taxes — the loss is 'harvested' and used to reduce tax liability; the position can be replaced with a similar (not identical) investment to maintain market exposure; a sophisticated personal finance strategy
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