paper profit

A profit that is anticipated but not yet realized.

• Gains from stock holdings, for example, are paper profits until the stock is actually sold at a price higher than its original purchase price.

— Also termed unrealized profit. [Cases: Internal Revenue 3178; Taxation 981. C.J.S. Internal Revenue § 110; Taxation § 1717.]

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词条贡献者

法律翻译大智，毕业于世界顶级翻译学院，专注翻译各类与税务、财富规划服务和高管薪酬有关的法律文件。