In a tax context, you can use capital losses to offset an equivalent dollar amount of capital gains, or up to $3,000 in capital losses to offset ordinary income. In either case, the offset allows you to reduce the tax you owe. Further, banks have the right of offset if a borrower defaults on a loan.
Central Daylight Time (CDT) is 5 hours behind Coordinated Universal Time (UTC). This time zone is a Daylight Saving Time time zone and is used in: North America. This time zone is often called Central Daylight Time. See full time zone map.
CST â Central Standard Time. Only some locations are currently on CST, because most places in this time zone are currently on Daylight Saving Time. Locations that are on CST part of the year are currently on CDT (Central Daylight Time).