Wednesday, 4 February 2015

What is a capital gain?

Profit realized from the sale (disposal) of a capital asset, or from holding it during a period when ...

 
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Wednesday, February 4, 2015
 
Term of the Day

capital gain

profit realized from the sale (disposal) of a capital asset, or from holding it during a period when its market value is increasing. Such gains usually attract capital gains tax.
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Usage Example
After purchasing a real estate property to flip, the developer posted a large capital gain after selling the property for a much higher price than the original purchase price.
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