Capital Gains Distributions Law and Legal Definition
Capital gains distributions are payments to mutual fund shareholders of gains realized during the year on securities that the fund has sold at a profit, minus any realized losses. Variable annuities do not distribute current capital gains because all distributions are deferred until retirement, at which time annuitants' capital gains are taxed at a lower rate.
Legal Definition list
Related Legal Terms
- Adjusted Capital Contribution
- Admission Against Interest
- Adventure Capitalist
- Against the Form of the Statute
- Against the Peace and Dignity of the State
- Against the Will
- Aggravated Sexual Assault Against a Child
- Airport Capital Plan [Aeronautics and Space]
- Anarcho-Capitalism
- Best's Capital Adequacy Relativity - BCAR
