CAPITAL GAIN Definition

Bookmark and Share

CAPITAL GAIN is the excess of selling price over purchase price, which may be given special treatment for tax purposes provided the sale takes place more than a given number of months after purchase.

Learn new Accounting Terms

CAPITAL RATIONING is restrictions put of the amount planned for new expenditures.

INCORRECT ACCEPTANCE, in accounting, is the risk the sample supports the conclusion that the recorded balance is not materially misstated when it is materially misstated.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.