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. webster. See Providence Rubber Co. v. Goodyear, 9 wall. 805, 19 L. Ed. 828; Mundy v. Van Hoose, 104 Ga. 292, 80 S. E. 783; Hinckley v. Pittsburgh Bessemer Steel Co., 121 U. S. 264, 7 Sup. Ct 875, 30 L. Ed. 967; Prince v. Lamb, 128 Cal. 120, 60 Pad. 689; Maryland Ice Co. v. Arctic Ice Mach. Mfg. Co., 79 Md. 103, 29 Atl. 69
Source: Black's Law Dictionary 2nd Ed (1910)
