net unrealized appreciation
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “net unrealized appreciation” means, with respect to the assets of a corporation, the amount by which—
(i) the unrealized appreciation in such assets on which there is unrealized appreciation, exceeds
(ii) the unrealized depreciation in such assets on which there is unrealized depreciation.
Source
- 1994–present26 U.S.C. § 341Internal Revenue Code · Repealed. Pub. L. 10827, title III, 302(e)(4)(A), May 28, 2003, 117 Stat. 763] · for purposes of this section