TeachMeFinance.com - explain gross margin
gross margin -- Gross Profit/Total Sales. The percentage
of every dollar earned that can be used to pay general and
gross margin -- (1) the difference between the total sales revenue and the cost to the seller of the items sold. (2) an amount, expressed as a percent, which is stated in the terms of a loan and which is added to the percentage expressed by a controlling rate index to establish the rate the borrower pays on the loan.
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