noun a narrow margin refers to a small or limited amount of space or time left between two things or outcomes
In finance, a narrow margin refers to a small difference between the buying price and the selling price of an asset, indicating low profitability.
In sports, a narrow margin refers to a close score or outcome, indicating a small difference in points or performance between competitors.
In economics, a narrow margin refers to a small profit margin or difference between costs and revenue, indicating a precarious financial situation.
In printing and publishing, a narrow margin refers to a small space or distance between text or images on a page, indicating limited design flexibility.
In the publishing industry, a narrow margin refers to a small difference between the cost of production and the selling price of a book. Writers may need to negotiate with publishers to ensure they receive a fair share of the profits despite the narrow margin.
Psychologists may use the term narrow margin to describe a small difference between two competing factors, such as a patient's symptoms and potential diagnoses. A narrow margin in this context may require further evaluation and careful consideration to make an accurate diagnosis.
For stock traders, a narrow margin refers to a small difference between the buying price and selling price of a security. Traders may face higher risks and lower profits when trading with narrow margins, requiring careful analysis and risk management strategies.
In manufacturing, a narrow margin can refer to a small difference between the cost of production and the selling price of a product. Manufacturing engineers may need to optimize production processes and reduce costs to maintain profitability despite operating on a narrow margin.