Capital Gain
Money made from selling a long-term asset.
The amount of money a business or person would make if it were to sell a long-term asset for more than it cost to make.
Capital Gain
The amount of money a business or person would make if it were to sell a long-term asset for more than it cost to make. This could be a building, brand or product.Practical Application Example
“
The commercial building would make £100,000 in capital gain if I were to sell it. ”
