Capital gains tax
The mortgage definition for Capital gains tax:
A tax placed on the profits from the sale of real estate or investments.
In the context of mortgages, capital describes the original sum borrowed as distinct from interest required on that loan. A repayment mortgage involves repayment of a little of the capital interest each month.
Capital appreciation or depreciationCapital appreciation or depreciation
The increase or decrease in the value of the individual's investment in the property.
Capital expenditureCapital expenditure
The cost of making improvements on a property.
Further Suggestions Capital gains
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