Gross margin

Profit margin, calculated as Total Sales/ revenue minus cost of sales before deducting administration and selling expenses.

Gross

The value before making any deductions.

The assumption that a company will continue to operate indefinitely

The ratio of owner’s equity to company’s debt.

Acronym for Gross Domestic Product. A measure of county’s health valuing its economic activity in a year i.e. all the services and goods produced.

A forum of the seven major industrialised economies in the world, consisting of the US, UK, France, Germany, Italy, Canada and Japan.