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Capital Gains
The profit from the sale of an asset or investment when the sale price exceeds the purchase price.
After-tax Value
The value of an investment or income after all taxes have been deducted, reflecting the net gain or loss.
Tobin's Q
A ratio comparing the market value of a company's assets to their replacement cost, often used to assess if a company is under or overvalued.
James Tobin
An American economist known for his work on the links between financial markets and economic decisions, especially the Tobin tax concept.
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