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.
Time Difference. 1  Central Daylight Time is 0 hours ahead of Central Daylight Time. 2  Offset: CDT is 5 hours behind Greenwich Mean Time (GMT) and is used in North America. 3  Countries: It is used in following countries: Canada, Cuba, Mexico, United States.