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.
DEFINITION of 'Net Worth'. The amount by which assets exceed liabilities. Net worth is a concept applicable to individuals and businesses as a key measure of how much an entity is worth.