- long-term capital gain or loss
n.A gain or loss that occurs from the sale of capital assets that have been held for the required length of time, usually at least one year.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
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Long-Term Capital Gain Or Loss — A gain or loss from a qualifying investment owned for longer than 12 months and then sold. The amount of an asset sale that counts toward a capital gain or loss is the difference between the sale value and the purchase value. Long term capital… … Investment dictionary
Long-Term Capital Management — (LTCM) was a U.S. hedge fund which failed spectacularly in the late 1990s, leading to a massive bailout by other major banks and investment houses. [cite book |title=The Age of Turbulence: Adventures in a New World |last=Greenspan |first=Alan… … Wikipedia
long-term — long′ term adj. 1) covering or involving a relatively long period of time: long term memory[/ex] 2) maturing after a relatively long period of time: a long term bond[/ex] 3) bus (of a capital gain or loss) derived from the sale or exchange of an… … From formal English to slang
Capital Gain — 1. An increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short term (one year or less) or long term… … Investment dictionary
capital gain — a financial gain made from selling fixed assets such as land, buildings, or a business at a price above the original purchase price. Glossary of Business Terms When a stock is sold for a profit, the capital gain is the difference between the net… … Financial and business terms
Capital gain — When a stock is sold for a profit, it s the difference between the net sales price of securities and their net cost, or original basis. If a stock is sold below cost, the difference is a capital loss. The New York Times Financial Glossary * * *… … Financial and business terms
long-term — /lawng terrm , long /, adj. 1. covering a relatively long period of time: a long term lease. 2. maturing over or after a relatively long period of time: a long term loan; a long term bond. 3. (of a capital gain or loss) derived from the sale or… … Universalium
long-term loss — A loss on the sale of a capital asset held less than 12 months that can be used to offset a capital gain. Bloomberg Financial Dictionary … Financial and business terms
gain — n 1: an increase in value, capital, or amount compare loss capital gain: a gain realized on the sale or exchange of a capital asset (as a stock or real estate) ca·su·al·ty gain: a gain realized by an insured because property insurance benefits… … Law dictionary
capital — cap·i·tal 1 adj [Latin capitalis, from caput head, a person s life (as forfeit)] 1 a: punishable by death capital murder b: involving execution a capital case 2 [Medieval Latin capitalis chief, principal, from Latin … Law dictionary