ordinary gain

noun

1. : an increase in value, capital, or amount — compare loss

   — capital gain
   : a gain realized on the sale or exchange of a capital asset (as a stock or real estate)

   — casualty gain
   : a gain realized by an insured because property insurance benefits paid for a loss from a casualty or theft are greater than the adjusted value of the insured asset

   — long-term capital gain
   : a capital gain realized on the sale or exchange of an asset held for more than a specified period (as a year)

   — ordinary gain
   : a gain from the exchange or sale of an asset that is not capital

   — short-term capital gain
   : a capital gain realized on the sale or exchange of an asset held for less than a specified period (as a year) that is treated as ordinary income under federal income tax laws

2. : a class of community property that reflects the increase in property value contributed by the common skill or labor of the spouses