unrealized appreciation
Defined in 1 place of the United States Code.
For purposes of subparagraph (A) and paragraph (5)(A), the term “unrealized appreciation” means, with respect to any asset, the amount by which—
(i) the fair market value of such asset, exceeds
(ii) the adjusted basis for determining gain from the sale or other disposition of such asset.
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- 1994–present26 U.S.C. § 341Internal Revenue Code · Repealed.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