Gross margin
In a retail business, the margin on a sale which is the difference between the purchase price of a good and the price paid by the retailer, i.e. it makes no allowance for overheads, stock appreciation or tax. The gross margin is sometimes loosely referred to as gross profit, but this tenn has a different, strictly defined meaning in accounting
Reference: The Penguin Business Dictionary, 3rd edt.
More definitions
Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >
