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Also available:
World English Dictionary
Dictionnaire Français
effective margin
ef·fec·tive mar·gin
(
plural
ef·fec·tive mar·gins
)
noun
Definition:
excess of income over financing costs:
the expected or realized gross income from a security minus its cost and accounting for lost interest, dealing costs, and taxation
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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