Capital Gain
Profit from selling an asset above its purchase price.
Business Glossary provided by Plannit.ai
Capital gains are the profits realized when an investment is sold for more than its original purchase price. They are often subject to capital gains tax, which varies based on whether they are considered short-term or long-term gains. In many jurisdictions, long-term capital gains are taxed at a lower rate to encourage long-term investment.
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