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.
The answer isn't as straightforward as you might expect. The technical definition of millionaire is a person (or a married couple) with a net worth that's greater than $1 million U.S. dollars. Net worth represents that person's assets, minus their liabilities. Net worth is described as what you own minus what you owe..