MARGIN OF SAFETY
\mˈɑːd͡ʒɪn ɒv sˈe͡ɪfti], \mˈɑːdʒɪn ɒv sˈeɪfti], \m_ˈɑː_dʒ_ɪ_n ɒ_v s_ˈeɪ_f_t_i]\
Definitions of MARGIN OF SAFETY
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an index indicating the amount beyond the minimum necessary; "in engineering the margin of safety is the strength of the material minus the anticipated stress"
By Princeton University
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an index indicating the amount beyond the minimum necessary; "in engineering the margin of safety is the strength of the material minus the anticipated stress"
By DataStellar Co., Ltd
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1. In Accounting, this is an amount in excess of a company's breakeven point in sales revenue by actual sales revenue. A ratioed percentage. The bigger this margin, the less danger to the company by any abrupt fall in revenue. Formula: (Actual sales revenue minus Breakeven sales revenue) x 100 divided by Actual sales revenue. 2. In Occupational safety, this is the maximum amount of hazardous substance exposure that results in no measurable ill effects in test animals, divided by the human population's actual amount of exposure.
By Henry Campbell Black
