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unrealized depreciation

Defined in 1 dictionary — U.S. Code

United States Code

26 U.S.C. § 341 — for purposes of this section

For purposes of subparagraph (A) and paragraph (5)(A), the term “unrealized depreciation” means, with respect to any asset, the amount by which—

(i) the adjusted basis for determining gain from the sale or other disposition of such asset, exceeds

(ii) the fair market value of such asset.