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Financial Terms & Definitions
If talking about finances feels like trying to learn a foreign language, we're here to help. As your trusted financial planners and investment managers, we want you to understand the terms, acronyms, and jargon that may arise during your financial journey.
From Amortization to Zero-Coupon, we've got you covered.
Here's our glossary of financial terms in alphabetical order to get you started.

Capital Gain

When a capital asset is sold for more than the purchase price. The gain is determined by subtracting the purchase price (i.e., cost basis) from the sale proceeds. Capital gains apply to any type of asset, including investments and those purchased for personal use. The gain may be short-term (held for one year or less) or long-term (held for more than one year) and must be claimed on income taxes. (see capital loss)

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