LeoGlossary: Gain

A profit turned on a financial transaction. This can be done on securities such as stocks, commodities, cryptocurrency and real estate.

The gain is made by selling the asset for more than it originally cost. This is the difference between the sales price and the cost.

In most countries, these gains are subject to being taxed. In the United States, this is known as the Capital Gains Tax if the asset is held over a year.

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