post-December ordinary loss
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “post-December ordinary loss” means the excess (if any) of—
(i) the ordinary losses not described in subparagraph (E)(i) and attributable to the portion of the taxable year after December 31, over
(ii) the ordinary income not described in subparagraph (E)(ii) and attributable to such portion of the taxable year.
Source
- 2014–present26 U.S.C. § 852Internal Revenue Code · Taxation of regulated investment companies and their shareholders · for purposes of this title