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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
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Sign up Other tax rises include a rise in capital gains tax from 10% to 18% for basic rate taxpayers and 20% to 24% for higher earners, as well as a national insurance hike for employers and a higher national minimum wage.
—Marc Shoffman, theweek, 6 Nov. 2024
Additionally, Harris proposed raising the capital gains tax for people making more than $1 million a year to 28 percent — a significant reduction from President Biden’s 44.6-percent proposal, representing a shift to the right designed to appeal to more moderate voters.
—Tobias Burns, The Hill, 5 Nov. 2024
If losses exceed capital gains, investors can subtract up to $3,000 a year from ordinary income.
—Michelle Fox, CNBC, 5 Nov. 2024
The Vice President has also signaled her support for Biden’s controversial proposal to tax unrealized capital gains.
—Christiaan Hetzner, Fortune, 4 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 21 Nov. 2024.
Legal Definition
capital gain
see gain
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