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Definition of capital gains tax noun from the Oxford Advanced Learner's Dictionary

capital gains tax

noun
 
/ˌkæpɪtl ˈɡeɪnz tæks/
 
/ˌkæpɪtl ˈɡeɪnz tæks/
[countable, uncountable]
(abbreviation CGT)
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  1. (in the UK) a tax on the profits people make from selling investments, such as shares or property
trait
noun
 
 
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B2
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