Definitions for "Capital Losses"
Keywords:  arisen, chargeable, gains, loss, net
When an asset is sold for less than the acquisition cost, a Capital Loss has arisen. This loss can be carried forward to set against future capital gains. In some cases, though not commonly, it can be set against other income in the same year.
Losses resulting from selling at a loss.
If you sell a chargeable asset and the result of the capital gains tax calculation is a loss rather than a profit, that is a capital loss.