The return an intermediary achieves on the selling price of the article. That is, if the intermediary buys a product for $1 and sells it for $1.50, the margin is calculated. For example, .50 divided by $1.50, or 33%.
GROSS MARGIN
Meaning of GROSS MARGIN in English
English dictionary of automotive terms. Английский словарь автомобильных терминов. 2012