Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
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Definition of 'Long Term Loss'
A long-term loss occurs when an asset is held for more than 12 months and is sold at a lower price than its adjusted purchase price.