1. If you sell the asset, you subtract your Basis, also known as your cost Basis, from the selling price to determine your capital gain or capital loss.

2. ‘Individuals Anxious to avoid making a capital loss sell for a lower price than they would otherwise do.’ ‘He is Anxious to avoid having them added to a portfolio as an exclusively commercial asset.’ ‘He said they were Anxious to promote the development of the concert hall.’