gain that occurs on an investment that was held for a year or longer. A
long-term gain allows investors to pay a lower tax rate on the profit by paying
a capital gains tax instead of the ordinary tax.
"long-term gain." YourDictionary, n.d. Web. 17 January 2019. <https://www.yourdictionary.com/long-term-gain>.
long-term gain. (n.d.). Retrieved January 17th, 2019, from https://www.yourdictionary.com/long-term-gain
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