Realized
/ˈriːəlaɪzd/
Definitions
- (adj.) Experienced or converted from potential to actual, especially regarding income, profits, or gains in legal and financial contexts.
The realized gain from the sale was reported on the tax return.
Related terms
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Commentary
Commonly used in legal and financial documents to denote that an asset or income has been converted from a mere expectation or paper value into an actual transaction or receipt.
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.