taxes

capital gains

The profit earned from selling an asset for more than its purchase price.

Example

"She owed capital gains tax after selling stock she had held for three years."

💡 Memory Tip

You GAIN from your CAPITAL — profit from selling something worth more than you paid.

Etymology

Capital (wealth) + gains (profits) — profits from your wealth-producing assets.

Common Misspellings

capital gainscapitalgainscapital ganescapital gians

Related Terms

capitalappreciation

See Also

taxinvestment

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