Capital gains refer to profits made from the sale of an asset or investment. There are a number of synonyms for this term, including earnings, proceeds, gains, returns, and profits. Each of these terms can be used to describe the positive financial outcome that results from selling an asset or investment at a higher price than what was initially paid for it. Some may also use the term "appreciation" to describe the increase in value of an asset over time, which can lead to capital gains when the asset is eventually sold. Regardless of the terminology used, capital gains are an important factor to consider for investors and those managing their personal finances.