Dec 31 , 2015
Capital Gain
Definition: The profit from the sale of an asset, including real property.
Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈgān\
Used in a Sentence: The tax on the capital gains from the sale of the property was 18%.
Dec 31 , 2015
Definition: The profit from the sale of an asset, including real property.
Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈgān\
Used in a Sentence: The tax on the capital gains from the sale of the property was 18%.