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.
Central Standard Time is the Central Time Zone of the United States of America (USA). Central Standard Time (CST) is 6 hours behind Greenwich Mean Time (GMT-6).n most states in the USA and in most provinces in Canada, Daylight-Saving Time (DST) is observed. During DST CT (or CDT) is 5 hours behind Greenwich Mean Time (GMT-5). After the Summer months Central Time is shifted back by 1 hour to US Central Standard Time (CST) or (GMT-6).