Margin

Margin

Summary of Margin

A cost calculation performed in association with vessel operations that allows for potential cost overruns, e.g., lost days due to adverse weather. A margin of 5 percent is common per voyage.

(Main Author: William J. Miller)

Margin in International Trade

Meaning of Margin, according to the Dictionary of International Trade (Global Negotiator): The difference between the cost of sold items and the total net sale income.


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