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.
Gross margin is the difference between net sales and cost of goods sold, or net sales minus cost of goods sold. Gross margin is also known as gross profit and represents the productivity of a businessâs operations. A businessâs profitability is defined by more than its operations.