The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
Long-Term Capital Gain Or Loss — A gain or loss from a qualifying investment owned for longer than 12 months and then sold. The amount of an asset sale that counts toward a capital gain or loss is the difference between the sale value and the purchase value. Long term capital… … Investment dictionary
Long-Term Capital Management — (LTCM) was a U.S. hedge fund which failed spectacularly in the late 1990s, leading to a massive bailout by other major banks and investment houses. [cite book |title=The Age of Turbulence: Adventures in a New World |last=Greenspan |first=Alan… … Wikipedia
long-term — long′ term adj. 1) covering or involving a relatively long period of time: long term memory[/ex] 2) maturing after a relatively long period of time: a long term bond[/ex] 3) bus (of a capital gain or loss) derived from the sale or exchange of an… … From formal English to slang
Capital Gain — 1. An increase in the value of a capital asset (investment or real estate) that gives it a higher worth than the purchase price. The gain is not realized until the asset is sold. A capital gain may be short term (one year or less) or long term… … Investment dictionary
capital gain — a financial gain made from selling fixed assets such as land, buildings, or a business at a price above the original purchase price. Glossary of Business Terms When a stock is sold for a profit, the capital gain is the difference between the net… … Financial and business terms
Capital gain — When a stock is sold for a profit, it s the difference between the net sales price of securities and their net cost, or original basis. If a stock is sold below cost, the difference is a capital loss. The New York Times Financial Glossary * * *… … Financial and business terms
long-term — /lawng terrm , long /, adj. 1. covering a relatively long period of time: a long term lease. 2. maturing over or after a relatively long period of time: a long term loan; a long term bond. 3. (of a capital gain or loss) derived from the sale or… … Universalium
long-term loss — A loss on the sale of a capital asset held less than 12 months that can be used to offset a capital gain. Bloomberg Financial Dictionary … Financial and business terms
gain — n 1: an increase in value, capital, or amount compare loss capital gain: a gain realized on the sale or exchange of a capital asset (as a stock or real estate) ca·su·al·ty gain: a gain realized by an insured because property insurance benefits… … Law dictionary
capital — cap·i·tal 1 adj [Latin capitalis, from caput head, a person s life (as forfeit)] 1 a: punishable by death capital murder b: involving execution a capital case 2 [Medieval Latin capitalis chief, principal, from Latin … Law dictionary
