CGT

C3G2T1

A form of capital gains tax — A tax levied on the profit made from selling any "capital" (i.e. non-inventory) asset.

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Meanings

nounCGT (uncountable)
  1. abbreviationinitialismuncountableeconomicsInitialism of capital gains tax.

    Is capital gains tax (CGT) going to rise dramatically as the government attempts to claw back the cost of extra spending during the coronavirus pandemic? […] CGT is a tax on the profit when you sell (or ‘dispose of’) something (an ‘asset’) that’s increased in value. It’s only the gain that is taxed.

    2020 July 15, Patrick Collinson, “Capital gains tax review: your questions answered”, in The Guardian

Synonyms & antonyms

Also see
capital gains tax
Cite this entry
APA

CGT. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/CGT

MLA

“CGT.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/CGT. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “CGT,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/CGT.

Source: CGT on Wiktionary, CC BY-SA 4.0.