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 SURPLUS is an archaic term. See PREMIUM ON CAPITAL STOCK.

HARMONIZED SYSTEM is an internationally agreed upon classification system for trade. It provides code numbers to specify a goods classification; thereby making customs duty determination more predictable.

Suggest a Term

Enter Search Term

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