Investopedia explains 'Gain'
In most jurisdictions, realized gains are subject to capital gains tax. However, if the gains accrue in a non-taxable account - such as an Individual Retirement Account in the U.S. or a Registered Retirement Savings Plan in Canada - gains will not be taxed.
For taxation purposes, net realized gains - rather than gross gains - are taken into consideration. In a stock transaction in a taxable account,the taxable gain would be the difference between the (higher) sale price and purchase price, after taking brokerage commissions into consideration.
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