What is capital gain?

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Asked 11/3/2011 8:02:25 PM

Updated 7/8/2014 2:15:29 PM

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Flagged by yumdrea [7/8/2014 2:15:20 PM]

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User: What is capital gain?

Question

Asked 11/3/2011 8:02:25 PM

Updated 7/8/2014 2:15:29 PM

1 Answer/Comment

Flagged by yumdrea [7/8/2014 2:15:20 PM]

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yumdrea

A capital gain is a profit that results from a disposition of a capital asset, such as stock, bond or real estate, where the amount realized on the disposition exceeds the purchase price.

Added 7/8/2014 2:15:29 PM

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