Gross margin (also called gross profit margin or gross profit rate) is the difference between revenue and cost before accounting for certain other costs. Generally, it is calculated as the selling price of an item, less the cost of goods sold (production or acquisition costs, essentially).
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Famous quotes containing the words gross and/or margin:
“How weary, stale, flat, and unprofitable
Seem to me all the uses of this world!
Fie ont, ah fie! tis an unweeded garden
That grows to seed, things rank and gross in nature
Possess it merely.”
—William Shakespeare (15641616)
“I love a broad margin to my life.”
—Henry David Thoreau (18171862)
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