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

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CAN YOU GUESS THESE WORDS FROM AROUND THE US?

American English is not always as it appears to be ... get to know regional words in this quiz!
Question 1 of 10
A bet is synonymous with a wager, but what does it mean in New York?
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012