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The gain or loss on a security sale as measured by the selling price of a security less the adjusted cost of acquisition.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Profit or loss on a transaction. For example, in the sale of an asset, one calculates the net by taking the sale price and subtracting the outlay for buying or producing the asset. If the net is positive, one has made a profit; if it is negative, one has suffered a loss.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
1. For the closing transaction in a security, the difference between net proceeds from the sale and the total outlay for the purchase.
2. See net income.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.