Meaning of the word "gross margin" in English

What does "gross margin" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

gross margin

US /ˌɡroʊs ˈmɑːr.dʒɪn/
UK /ˌɡroʊs ˈmɑːr.dʒɪn/
"gross margin" picture

Noun

1.

the difference between revenue and cost of goods sold, before deducting operating expenses, interest, and taxes

Example:
The company reported a healthy gross margin of 45% this quarter.
Improving gross margin is a key financial goal for many businesses.
Learn This Word at Lingoland