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.



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Gross Margin. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 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: July 17, 2019).
American Psychological Association (APA):
Gross Margin. PayrollHeaven.com. Retrieved July 17, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/gross-margin/

Definition Sources


Definitions for Gross Margin are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

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