View our full Glossary of accounting & payroll terms Visit full glossary Glossary definition What is a margin? The margin is the difference between the selling price of something and its cost. It can apply to both products and services and is a good measure of a company’s performance. It can be used to see how changing volumes will affect your profitability. Recommended Next Read April 25, 2024 Cost of goods sold: What is it and how to calculate it? Related topics Business finances Search Search for: See this term in action 25 April, 2024 4 min read AI for family offices: How to work smarter 16 April, 2024 8 min read How National Insurance has changed in 2024 16 April, 2024 9 min read How to set your business up for success in the new tax year Learn more about this definition and others Featured reading 11 March, 2024 11 min read Spring Budget 2024: What the announcements mean for your business 7 December, 2023 11 min read HR trends in 2024: Everything HR leaders need to know 22 December, 2023 17 min read The top 14 finance trends in 2024: Everything CFOs need to know Popular termsWhat is a P32?What is a nominal account?What is a P11?What is opening balance?
