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.
Submitted by Stanbic IBTC team on Tue, 2013/08/20 - 12:30. By definition, your net worth is the value of your personal assets, (cash and personal possessions) minus all liabilities or debt. Therefore the amount by which your assets exceed your liabilities is considered your net worth.