Definition
capital gain
Capital Gain - Capital Gain is the gain to investor
from selling a stock, bond or mutual fund at a higher
price than the purchase price. The capital gain
is usually the amount realized (net sales price)
less your investment (adjusted tax basis) in the
investment. A capital gain may be short-term (one
year or less) or long-term (more than one year)
and must be claimed on income taxes.
|