Capital gain
Capital gain or capital loss is the profit or, consequently, loss from the sale of a capital asset for more or, consequently, less than its purchase price.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Capital gain (capital loss). The profit (loss) from the sale of a capital asset for more (less) than its purchase price.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Capital gain. The profit from the sale of a capital asset for more than its purchase price.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
