Capital Gains
/ˈkæpɪtl ɡeɪnz/
Definitions
- (n.) The profit realized from the sale or exchange of a capital asset, typically subject to taxation.
She reported significant capital gains on her tax return after selling her stocks.
Related terms
See also
Commentary
The term specifically refers to realized profits and is distinct from unrealized gains, which have not yet been recognized by a taxable event.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.