单词 | margin |
释义 | margin margin /; AmE / noun, verb
■ noun
GROSS PROFIT MARGIN, HIGH-MARGIN, LOW-MARGIN, NET INTEREST MARGIN, NET MARGIN, NET PROFIT MARGIN, OPERATING MARGIN, OPERATING PROFIT MARGIN, SOLVENCY MARGIN
1 (Accounting ) [C,U] the difference between the cost of buying or producing sth and the price that it is sold for, calculated as a percentage of the selling price: They make an 18% margin on the sale of each phone. Higher insurance and security costs had lowered the margin. There is so little margin right now that we cannot afford added expenses. high-margin products Generic drugs have higher margins for wholesalers than brand name products. SYN PROFIT MARGIN ⇨ GROSS MARGIN
a high/low/tight margin ◆ to increase/make a margin
2 [C] an extra amount of sth such as time, space, money, etc. that you include in order to make sure that sth is successful: The calculation includes a safety margin to allow for price rises. The plan leaves us a slim margin for error. ⇨ MARGIN OF ERROR
3 [C, usually sing.] the amount by which one quantity is greater or smaller than another: The committee voted against the change by a margin of just five to four. Sales of children's clothing has outperformed other clothing by a considerable margin. The national bank missed the inflation target by a narrow margin.
a comfortable/considerable/narrow/wide margin
4 (Stock Exchange ) [C,U] money, shares, bonds, etc. that an investor must leave with a broker to cover any possible losses: Brokers ask investors to cover daily price moves by depositing margin. The Federal Reserve Board sets a minimum initial margin of 50% and a maintenance margin of at least 25%. ⇨ MARGIN ACCOUNT, MARGIN BUYING
5 [C] the empty space at the side of a written or printed page or web page: The software allows you to set the margins of the document. When the ads are at the margin they can be larger than top-of-page banners.
6 [C] the part that is not included in the main part of a group, an organization or a situation: Usually companies make changes at the margins rather than in their core business. Oil producers at the margin were driven out of business. The recession has had an impact on small businesses on the margins of the economy.
7 (HR ) [C, usually pl.] in Australia and New Zealand, an amount that is added to a basic wage, paid for special skill or responsibility
IDIOMS
on margin (Stock Exchange ) if an investor buys shares, futures, etc. on margin, they borrow money from their BROKER to pay for them, using their account as a guarantee: You must have a minimum amount of cash or equity in your account to be allowed to trade on margin.
WHICH WORD?
margin/markup
Both words are used to describe the amount of money that a business makes from selling a product, but they are calculated in different ways:
• The markup is a percentage of how much it costs the business to produce the product. It is the amount by which this amount is increased to decide the price.
• The margin is a percentage of the amount that the product is sold for. It is the amount of the price which is profit for the seller.
If a store buys a product for $1 and sells it for $1.50, the markup is 50%, the margin is 33%.
■ verb [+ obj]
(Stock Exchange ) to buy, or allow sb to buy, shares, bonds, etc. with money borrowed using their account with the broker as a guarantee: Some brokerages may decide not to margin certain stocks.
marginable /; AmE / adjective: The Federal Reserve Board regulates which stocks are marginable. |
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