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LSDefine

Simple English definitions for legal terms

capital gain

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A quick definition of capital gain:

Capital gain refers to the profit made when you sell or exchange a valuable asset, such as property or stocks. It is the difference between the amount you paid for the asset and the amount you received when you sold it. For example, if you bought a stock for $100 and sold it for $150, your capital gain would be $50. This is different from ordinary gain, which refers to income earned from regular business activities. If you sell an asset for less than you paid for it, you would experience a capital loss instead of a gain.

A more thorough explanation:

Capital gain refers to the profit that is earned when a capital asset is sold or exchanged. This gain is the difference between the purchase price of the asset and the price at which it is sold or exchanged.

For example, if you buy a stock for $100 and sell it for $150, you have a capital gain of $50. Similarly, if you sell a property for more than what you paid for it, the difference is your capital gain.

Capital gains are different from ordinary gains, which are the profits earned from regular business activities. Capital losses, on the other hand, occur when a capital asset is sold for less than its purchase price.

Capital gains are an important source of income for investors and can be subject to taxes. Understanding capital gains is essential for anyone who wants to invest in assets such as stocks, real estate, or art.

capital flight | capital-gain distribution

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m10
20:42
Get the ones that are dressed up then!
@JumpySubsequentDolphin: LITERALLY I also just applied to work at garage cuz 50% EMPLOYEE DISCOUNT
m10
20:43
Or legacy collection v1
JumpySubsequentDolphin
20:43
@SplitterusClitterus: GARAGE JEANS FIT ME SO WEIRDLY WHICH SUCKS BC THEYRE SO CUTE
m10
20:43
The cool thing about V2 was it was an infinitely generating collection so they would have never sold out but they ended it early cus of the bear market.
@JumpySubsequentDolphin: NAURRR i need to try them on to see. ive never owned anything from them exceot maybe a tank in middle school?? but ive been a longtime lurker/windowshopper/fan
JumpySubsequentDolphin
20:45
SPLITTY if their jeans fit on my thighs they’re too big on my waist!!! it’s so frustrating
NOOO THEIR WHITE GIRL JEANS actually idk why im surprised
THEYRE**** THAT WAS AUTOCORREXT I SWEAR
babycat
20:46
@m10: infinitely generating means it comes up with new pictures? or new copies of the same pictures?
JumpySubsequentDolphin
20:46
if you’re the slightest bit curvy they are so obnoxious. me and my Abercrombie curve love’s are good together
SHUT UP I LOVE ABERCROMBIE JEANS
m10
20:47
Did y'all see this from ararara last night? https://studicata.com/case-briefs/all/
THOSE FIT SOO GOOD. i desperately need new jeans tho i ahvent gone shopping in millennia so a discount would come in clutch
JumpySubsequentDolphin
20:48
I got these jeans from re/done on a crazy sale and I love them BYT RHEY HAVE FIVE BUTTONS
JumpySubsequentDolphin
20:48
I DIDNT REALIZE WHEJ I BOUGHT THEM BC THEYRE HIDDEN. LIKE INSTEAD OF A ZIPPER THEYREBALL BUTTONS
JumpySubsequentDolphin
20:48
what if I have to pee.
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
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