appreciated financial position
Defined in 1 place of the United States Code.
Except as provided in paragraph (2), the term “appreciated financial position” means any position with respect to any stock, debt instrument, or partnership interest if there would be gain were such position sold, assigned, or otherwise terminated at its fair market value.
Source
- 1997–present26 U.S.C. § 1259Internal Revenue Code · Constructive sales treatment for appreciated financial positions · for purposes of this section