MARGINAL PROFIT Definition

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MARGINAL PROFIT is the change in the total profit that results from the sale of an additional unit.

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UNITIZE is to separate or classify into units, e.g. auto manufacturers unitize along model designations.

JUNK BOND is a bond with a speculative credit rating of BB or lower. Such bonds offer investors higher yields than bonds of financially sound companies. Two agencies, Standard & Poors and Moodys Investor Services, provide the rating systems for companies credit. See HIGH YIELD JUNK.

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