Define: Gross Margin

UK Accounting Glossary

Definition: Gross Margin


Quick Summary of Gross Margin


Sales minus cost of sales before deducting administration and selling expenses (another name for gross profit). Usually applied when discussing a particular line of activity.




What is the dictionary definition of Gross Margin?

Dictionary Definition



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Full Definition of Gross Margin



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Gross Margin FAQ's


What is the difference between EBIT and gross margin?

EBIT represents the profit your company makes after paying its operating expenses, but before paying income taxes and interest on debt.


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https://payrollheaven.com/define/gross-margin/
Modern Language Association (MLA):
Gross Margin. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 17, 2019 https://payrollheaven.com/define/gross-margin/.
Chicago Manual of Style (CMS):
Gross Margin. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/gross-margin/ (accessed: November 17, 2019).
American Psychological Association (APA):
Gross Margin. PayrollHeaven.com. Retrieved November 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/gross-margin/

Definition Sources


Definitions for Gross Margin are sourced/syndicated from:


This glossary post was last updated: 23rd December 2018.