paper profit; appraisal gain; unrealized gain from revaluation
Accounting term for profit that arises when an asset's book value is increased to reflect a higher market value, without an actual sale. Contrasts with 実現益 (realized gain).
The market value of the held shares rose, resulting in a large paper profit.
Since appraisal gains are not actual cash income, they do not affect cash flow.
Compound of 評価 (appraisal, valuation) and 益 (profit, gain).