MLchartDataset catalogue

Capital gains

Term · Law · MLC-T-LAW-000851

The profit realized from the sale of a capital asset, such as stocks, bonds, or real estate, where the selling price exceeds the original purchase price plus other costs. Tax laws distinguish between short-term gains on assets held for one year or less and long-term gains on assets held for more than a year. In the United States, long-term capital gains are taxed at a lower rate than ordinary income.

Table 1. Record
IdentifierMLC-T-LAW-000851
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000851",
  "term": "Capital gains",
  "field": "Law",
  "definition": "The profit realized from the sale of a capital asset, such as stocks, bonds, or real estate, where the selling price exceeds the original purchase price plus other costs. Tax laws distinguish between short-term gains on assets held for one year or less and long-term gains on assets held for more than a year. In the United States, long-term capital gains are taxed at a lower rate than ordinary income.",
  "url": "https://mlchart.com/terminology/law/capital-gains/"
}

Record 657 of 5,445 in Law terminology (MLC-0107). Request the full dataset.