realized gain or loss


realized gain or loss
realized gain or loss
Gain (or loss) resulting from an identifiable event, such as a sale or an exchange of property. The amount of realized gain from the sale or other disposition of property is the excess of the amount realized over the adjusted basis of the property; the amount of realized loss is the excess of the property's adjusted basis over the amount realized. I.R.C. No. 1001.

Black's law dictionary. . 1990.

Look at other dictionaries:

  • realized gain or loss — n. Actual and identifiable gain or loss received by selling property or an investment. See also recognize The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • realized profit or loss — A capital gain or loss on securities held in a portfolio that has become actual by the sale or other type of surrender of one or many securities. Bloomberg Financial Dictionary …   Financial and business terms

  • realized gain — or loss Gain (or loss) resulting from an identifiable event, such as a sale or an exchange of property. The amount of realized gain from the sale or other disposition of property is the excess of the amount realized over the adjusted basis of the …   Black's law dictionary

  • recognized gain or loss — The portion of realized gain or loss that is subject to income taxation. See also realized gain or loss …   Black's law dictionary

  • capital gain or loss — n. The profit or loss realized when a capital asset is sold. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • realize a gain/profit/loss — ► FINANCE to make or lose money when you sell something: »They re trading on an extremely short term basis and will sell once they can realize a profit. »Following liquidation of the portfolio, the County realized a loss of approximately $600… …   Financial and business terms

  • short-term gain or loss — A profit or loss realized from the sale of securities held for less than a year that is taxed at normal income tax rates if the net total is positive. Bloomberg Financial Dictionary …   Financial and business terms

  • realized loss — realized gain or loss Gain (or loss) resulting from an identifiable event, such as a sale or an exchange of property. The amount of realized gain from the sale or other disposition of property is the excess of the amount realized over the… …   Black's law dictionary

  • gain — Profits; winnings; increment of value. Difference between receipts and expenditures; pecuniary gain. Difference between cost and sale price. Appreciation in value or worth of securities or property. Excess of revenues over expenses from a… …   Black's law dictionary

  • gain — Profits; winnings; increment of value. Difference between receipts and expenditures; pecuniary gain. Difference between cost and sale price. Appreciation in value or worth of securities or property. Excess of revenues over expenses from a… …   Black's law dictionary