long term capital gainglossary / long-term capital gain The profit realized from selling or exchanging a capital asset held for more than a specified period, usu. one year. [Cases: Internal Revenue 3260. C.J.S. Internal Revenue § 127.] 词条贡献者 译员Shifang,毕业于国内一流的高级翻译学院,专注翻译各种与员工福利与高管薪酬有关的法律文件。