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A good lawyer knows the law; a great lawyer knows the judge.
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Legal Definitions - Margin
A 'reasonable person' is a legal fiction I'm pretty sure I've never met.
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Definition of Margin
Margin, also known as profit margin, is the difference between the selling price of a product or service and the cost of producing it. In simpler terms, it is the amount of money a business makes after subtracting the cost of producing the product or service.
If a pencil costs 50 cents to produce and is sold for a dollar, the margin is 50%. This means that the business makes a profit of 50 cents for every dollar sold.
Margin can also refer to a payment made by a customer to a stockbroker to secure
If the law is on your side, pound the law. If the facts are on your side, pound the facts. If neither the law nor the facts are on your side, pound the table.
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Simple Definition
Margin: Margin is the difference between how much something costs to make or buy and how much it is sold for. For example, if a pencil costs 50 cents to make and is sold for a dollar, the margin is 50%. Margin can also mean a payment made to a stockbroker to buy stocks or other financial assets. If someone trades stocks frequently, they may have a margin account. In bankruptcy, margin payment means any payment made to buy securities or reduce a deficiency in a margin account.
A lawyer without books would be like a workman without tools.
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