1. : the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing.2. : a charge for detaining a ship, freight car, or truck.. : the detention of a ship by the freighter beyond the time allowed for loading, unloading, or sailing.
Gross margin is gross income divided by net sales, expressed as a percentage. It reveals how much a company earns taking into consideration the costs that it incurs for producing its products and/or services.
Full Definition of GROSS. 1. a archaic: immediately obvious c: visible without the aid of a microscope. 2. a: big, bulky; especially: excessively fat b: growing or spreading with excessive luxuriance. 3. a: of, relating to, or dealing with general aspects or broad distinctions.