单词 | gross margin |
释义 | gross margin gross margin (abbr GM) (also gross profit margin abbr GPM) noun [C]
(Accounting ) a percentage showing the relationship between a business's profits before overheads are taken away (gross profit), and the total amount of income from sales: Sales increased and the company's gross margin reached a record 61.4%. The store needs a gross margin of 25% to become profitable. ⇨ GROSS PROFIT, NET MARGIN |
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