chargeable asset
noun
any asset that can give rise to assessment for capital gains tax on its disposal. Exempt assets include principal private residences, cars, investments held in a personal equity plan, and government securities
Nearby words
charge-a-plate, charge-cap, charge-coupled device, charge-off, chargeable, chargeable asset, chargeable transfer, chargeback, charged, charged particle, chargeful
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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