Legal

realized profits and losses

for accounting purposes, a transaction is normally treated as being effected at the point at which the invoice in respect of the goods or services supplied is issued; at this point the profit or loss made on the transaction is regarded as being realized.

Collins Dictionary of Law © W.J. Stewart, 2006

References in periodicals archive

Realized profits and losses from foreign currency sales, Dec.

Treasury and Federal Reserve foreign exchange operations

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