Legal Definition and Related Resources of Gain

Profits, winnings, increments of value . Gain is not limited to pecuniary gain or confined to commercial profits only. It includes a benefit or advantage as well. See Sonneland v City of Spokane, 484 P.2d 421, 4 Wash. App. 865.

Profits. A mutual insurance company is an association for the purpose of “gain”; the reduction of a loss being a gain. 51 L. J. Ch. Div. 344.

verb

• accept
• accomplish
• achieve
• acquire
• adopt
• advance
• assume
• attain
• avail
• bag
• be better for
• be improved by
• benefit
• capere
• capture
• cash in on
• clear
• collect
• come by
• come into
• consequi
• derive
• draw
• earn
• extract
• flourish
• gather
• get
• get possession of
• glean
• grasp
• harvest
• improve
• learn
• lucrari
• make
• make a profit
• make capital
• make money
• master
• move forward
• net
• obtain
• pick up
• procure
• profit
• prosper
• realize
• reap
• reap profits
• reap rewards
• reap the benefit of
• receive
• secure
• succeed
• take
• thrive
• turn to account
• win
• yield returns
• Associated Concepts: accrued gain
• activity for gain
• annual gain
• business gain
• capital gains
• economic gain
• gainful employment
• long term capital gain
• net gain
• pecuniary gain
• short term capital gainforeign phrases: Nemo debet alienajactura locupletari
• No one ought to gain by another’s loss

Browse or run a search for Gain in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Gain in Historical Law

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This definition of Gain is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.

Vocabularies (Semantic Web Information)

Concept of Gain in the context of Real Property

A short definition of Gain: Profit. Important for tax purposes when realized from the sale of a capital asset. See also: Capital Gain.

Concept of Gain in the context of Real Property

A short definition of Gain: Profit. Important for tax purposes when realized from the sale of a capital asset. See also: Capital Gain.

Resources

See Also

• Bet
• Earnings
• Income
• Lucrum
• Profit

What is Gain?

A definition of gain is: Profits; winnings; increment of value. More details on the Encyclopedia. Difference between receipts and expenditures; pecuniary gain. More details on the Encyclopedia. Difference between cost and sale price. More details on the Encyclopedia. Appreciation in value or worth of securities or property. More details on the Encyclopedia.

More about the Concept of Gain

Excess of revenues over expenses from a specific transaction. More details on the Encyclopedia. Frequently used in the context of describing a transaction not part of a firm’s typical, day-to-day operations. More details on the Encyclopedia.

Developments

“Gain derived from capital” is a gain, profit, or something of exchangeable value proceeding from the property, severed from the capital however invested, and received or drawn by claimant for his separate use, benefit, and disposal.[1]

Resources

Notes

1. “Gain” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)

See Also

• Acquire
• Acquisition
• Capital (Capital gains)
• Income
• Profit
• Realized gain or loss
• Return