Realized Profit (or Loss)

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profit or loss resulting from the sale or other disposal of a security. Capital gains taxes may be due when profits are realized: realized losses can be used to offset realized gains for tax purposes. Such profits and losses differ from a Paper Profit or Loss, which (except for option and futures contracts) has no tax consequences.

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Barron's Banking Dictionary:

Realized Profit (or Loss)

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Profit or loss when a security actually is sold or otherwise disposed at a price exceeding its purchase price, as distinguished from paper profits.

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