Long-term capital gain

Definition:

A profit on the sale of a security or mutual fund share that has been held for more than one year.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Post

Particular place on the floor of an exchange where transactions in stocks listed on the exchange occur.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio