gain n
1: an increase in value, capital, or amount compare loss
capital gain: a gain realized on the sale or exchange of a capital asset (as a stock or real estate)
ca·su·al·ty gain: a gain realized by an insured because property insurance benefits paid for a loss from a casualty or theft are greater than the adjusted value of the insured asset
long–term capital gain: a capital gain realized on the sale or exchange of an asset held for more than a specified period (as a year)
ordinary gain: a gain from the exchange or sale of an asset that is not capital
short–term capital gain: a capital gain realized on the sale or exchange of an asset held for less than a specified period (as a year) that is treated as ordinary income under federal income tax laws
2 pl in the civil law of Louisiana: a class of community property that reflects the increase in property value contributed by the common skill or labor of the spouses
gain vb
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.