1. The advance in the price of goods sold beyond the cost of purchase. The gain made by the sale of produce or manufactures, after deducting the value of the labor, materials, rents, and all expenses, together with the interest of the capital employed. Law Dictionary - Alternative Legal Definition In general, by this term is understood the benefit which a man derives from a … [Read more...]
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TheLaw.com Law Dictionary & Black's Law Dictionary 2nd Ed.