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capital gain
noun
: the increase in value of an asset (such as stock or real estate) between the time it is bought and the time it is sold
Examples of capital gain in a Sentence
Recent Examples on the Web
The first tax-rate cut came in 1978, a cut in the capital gains rate, and then Reagan and Jack Kemp in Congress took care of bringing the 70 percent rate down to 28 percent, among other tax-rate-cut achievements.
—Brian Domitrovic, Forbes, 6 Dec. 2024
But taking some bitcoin off the table can also come with tax ramifications, as crypto is subject to capital gains taxes.
—Darla Mercado, Cfp®, CNBC, 5 Dec. 2024
Puerto Rico does not have federal income taxes on passive income from investments or rental properties, or taxes on capital gains among other things.
—Rosemary Feitelberg, WWD, 4 Dec. 2024
The tip capital gains tax rate at the time was 28 percent, although a special entrepreneurs' relief clause reduced the rate to 10 percent for the first £10 million ($12,687,000).
—Thomas G. Moukawsher, Newsweek, 29 Nov. 2024
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Word History
First Known Use
1921, in the meaning defined above
Dictionary Entries Near capital gain
Cite this Entry
“Capital gain.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/capital%20gain. Accessed 15 Dec. 2024.
Legal Definition
capital gain
see gain
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