undiscounted unpaid losses
Defined in 1 place of the United States Code.
Except as otherwise provided in this subsection, the term “undiscounted unpaid losses” means the unpaid losses shown in the annual statement filed by the taxpayer for the year ending with or within the taxable year of the taxpayer.
Source
- 1994–present26 U.S.C. § 846Internal Revenue Code · Discounted unpaid losses defined · for purposes of this section