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Home > QFINANCE Dictionary > Definition of allowable losses

Definition of

allowable losses

Accounting

losses rightly offset against gains losses such as those on the sale of assets that can be used to reduce the amount of income on which tax is paid

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Definitions of ’allowable losses’ and meaning of ’allowable losses’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’allowable losses’ and other financial terms with our online QFINANCE Financial Dictionary.

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