"Over the last two years, it looks as if the cumulative gain in productivity is just over 2 percent" annually.

(Mr. Brill is closing in, however, with a cumulative gain of 89.66 percent.)

As the fund's general partner, Morgan receives 20 percent of the cumulative gains in the portfolio.

By the end of the day, the Dow Jones industrial average stood at 2,721.62, up 11.26 points, after a cumulative gain last week of 65.31 points.

The June contract surged 1.23 cents, to 47.90 cents a pound, for a cumulative gain of 3.65 cents in four days.

It is sometimes also known as cumulative gain or elevation gain, or often in the context of mountain travel, simply gain.

The $125,000 lifetime exclusion under the previous tax law would do little to soften the blow on a $960,000 cumulative gain, Mr. Zeckendorf said.

In percentage terms, the last three-year period's cumulative gain of 106 percent is the second-best ever for the Dow average.

The best was 1933-35, when it recorded a cumulative gain of 140 percent.

In the first half of the year, the cumulative gain in retail sales was 3.7 percent, or an annual rate of 7.4 percent.