any asset that can give rise to assessment for capital gains tax on its disposal. Exempt assets include principal private residences, cars, investments held in a personal equity plan, and government securities
- Chargeable transfer
noun a transfer of value made as a gift during a person’s lifetime that is not covered by a specific exemption and therefore gives rise to liability under inheritance tax
Banking. a debit to a depositor’s account for an item that has been previously credited, as for a returned bad check. noun the return of funds by a seller to a buyer’s debit or credit card account noun in banking, a debit to a depositor’s account for an item that has been previously credited, as […]
intense; impassioned: an emotionally charged speech. fraught with emotion: the charged atmosphere of the room. capable of producing violent emotion, arousing controversy, etc.: the highly charged issue of birth control. Electricity. pertaining to a particle, body, or system possessing a net amount of positive or negative electric charge. to impose or ask as a price […]
See at charged (def 4).