0 a profit that is shown in financial records but has not yet been made by a company, especially because it is waiting for payments it is owed: --
1 an increase in the value of an investment, etc. that appears in accounts, but that does not involve a real increase in cash, for example shares that have risen in value but that have not been sold: --
In 2009, it pared its stake to less than 5%, realizing a $1.6 billion profit, with another $1.6 billion paper profit on its remaining holding.
When the fund sells investments at a profit, it turns or reclassifies that paper profit or unrealized gain into an actual or realized gain.
That is a paper profit of £1,500.
Moreover, it will be regretted that already overseas investors who are not taxpayers in this country will have made a paper profit of somewhere in the region of £150 million.
Surely, it is not a paper profit.
In either case he has done nothing wrong, and indeed he has made no money—he has a paper profit on an asset he wishes to retain.
The tax on the paper profit, that is, in terms of currency, is the only one which can be used by the tax gatherer in deciding our affairs.
Even though one is earning a higher rate of paper profit, it is extraordinary how often one finds that one is not fully maintaining the value of the assets.
