capital gain
"Capital gain" refers to the profit earned from selling a capital asset for more than its purchase price, often subject to taxes.
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Definition
C1Finance
(business, economics)Profit earned from selling an asset for more than its purchase price.
Example
- She realized a significant capital gain when she sold her shares.
- The capital gain from the sale of the property was subject to taxation.
C1Taxation
(legal, formal)The profit from the sale of an asset that exceeds its purchase cost, considered for tax purposes.
Example
- The government imposes different tax rates on short-term and long-term capital gains.
- Reporting capital gains on your tax return is crucial to avoid penalties.
Similar
Terms that have similar or relatively close meanings to "capital gain":