What is Capital Gain? | SIE, SERIES6, SERIES7, SERIES65, SERIES66 Exam Prep

A capital gain is the profit realized when an investment or asset is sold for more than its original purchase price, subject to taxation based on holding period. 📚 Learn more about Capital Gain and other key terms for your SIE, SERIES6, SERIES7, SERIES65, SERIES66 exam at Open Exam Prep. 🎯 This term appears on: SIE, SERIES6, SERIES7, SERIES65, SERIES66 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Capital Gain definition: https://www.open-exam-prep.com/glossary/capital-gain 💡 Exam Tip: Long-term (more than 1 year) = lower tax rates. Short-term = ordinary income. Wash sale = 30 days. --- #securities #examprep #financeexam #sie #series6 #series7 #series65 #series66