Gross Merchandise Value definition

Gross Merchandise Value. (“GMV”) means the total dollar value of orders processed. GMV is inclusive of product value, shipping and duty. It is net of returns, value added taxes and cancellations. GMV does not represent revenue earned by us, although GMV and revenue are correlated.
Gross Merchandise Value or “GMV” means the total value of all Transactions processed through a Site during any given Contract Year, excluding
Gross Merchandise Value means the sum equal to the value of Customer’s products processed for sale using any Service (for example, sold on a Network Site or Customer’s e-commerce website). GMV excludes shipping, sales tax, and, where applicable, VAT and GST, if the Network Site itemizes these amounts. GMV is calculated at the time of completion of checkout by a buyer except for (a) sales on Network Sites (for example, deal sites) where the value of the items sold is calculated based on a negotiated price between Customer and the Network Site, and (b) sales on eBay, where GMV is determined at the time a prospective buyer commits to buy an item for a fixed price or, in the case of an auction, at the close of the auction. For purposes of calculating GMV, GMV is converted to the appropriate currency stated in the applicable SOW on a daily basis (using Greenwich Mean Time (GMT) as the standard time) applying the applicable rates at xxxx://xxx.xxxxxxxxxxxxxx.xxx/currencyserver/feeds/ or a similar service that ChannelAdvisor reasonably designates from time to time.

Examples of Gross Merchandise Value in a sentence

  • Gross Merchandise Value shall exclude any shipping, handling and other costs charged to End Users.

  • In 2015 alone, total Gross Merchandise Value (GMV) for cross-border e-commerce stands at USD 300 billion, with a growth rate of about 25% per annum.

  • Gross Merchandise Value (“GMV”) on order intake represents the total gross sales dollar value for merchandise sold through a particular marketplace over a certain timeframe, before deduction of any discounts offered by the marketplace, rebate used, cancellation and returns of merchandise sold.

  • Cash bonus (short-term incentive remuneration) Cash bonus represents the performance-linked remuneration based on the achievement of the short-term performance goal for each fiscal year, and Gross Merchandise Value, an indicator for potential business growth, and consolidated operating profit, an indicator for profitability, are designated as criteria for the payment of remuneration.

  • Honasa has a market share (in terms of Gross Merchandise Value) of approx.

  • A key factor for expansion of Jumia´s business is the usage of its platform, which is indicated by the Gross Merchandise Value.

  • However, the intriguing question is, first, if same disproportion exists if shares are calculated based on sales value, e.g. in reference to the Gross Merchandise Value generated.

  • A key factor is the usage of its platform, which is indicated by the Gross Merchandise Value.

  • Provide adequate ventilation for cooking operations including approved mechanical exhaust hood and filters when engaged in frying operations.

  • The performance indicators used to calculate bonuses include the Gross Merchandise Value and consolidated operating profit.


More Definitions of Gross Merchandise Value

Gross Merchandise Value or “GMV” means the total value of transactions ordered through our platform, excluding value added tax, goods and services tax, service chargebacks and refunds.
Gross Merchandise Value or “GMV” is defined as the total value of all transactions for goods and services processed through the Demandware Service during the applicable time period, as reported by the Demandware Order Book. Processed shall mean all orders from customers received by neckermann. Gross Merchandise Value shall not include shipping, handling, financing charges and interest for installments and taxes. Any discounts granted by neckermann to its customers shall not be part of the GMV. All transactions as defined above are reported by the Demandware Order Book and will be included in Gross Merchandise Value, regardless of order, shipping, return or credit status. [**]. The time periods for determining Gross Merchandise Value shall be based upon a quarterly period and Greenwich Mean Time.
Gross Merchandise Value or “GMV” means the total value of all Transactions processed through a Customer Site during any given Contract Year, excluding (a) any shipping, handling and customs costs charged to End Users;
Gross Merchandise Value means the sum equal to the value of Customer’s merchandise sold using any Service (for example, sold on a Channel or Customer’s e-commerce website). GMV excludes shipping, sales tax, and, where applicable, VAT and GST, if the Channel itemizes these amounts. GMV is calculated at the time of completion of checkout by a buyer except for (a) sales on Channels (for example, deal sites) where the value of the items sold is calculated based on a negotiated price between Customer and the Channel, and (b) sales on eBay, where GMV is determined at the time a prospective buyer commits to buy an item for a fixed price or, in the case of an auction, at the close of the auction. GMV includes the value of other products or services Customer sells (as an upsell) using Shopping Feed Checkout functionality (for example, accessories and other products). For purposes of calculating GMV, GMV is converted to the appropriate currency stated in the applicable SOW on a daily basis (using Greenwich Mean Time (GMT) as the standard time) applying the applicable rates at xxxx://xxx.xxxxxxxxxxxxxx.xxx/currencyserver/feeds/ or a similar service that Shopping Feed reasonably designates from time to time.
Gross Merchandise Value means the total gross revenue of all the products and goods sold at the Stores;

Related to Gross Merchandise Value

  • Inventory Value has the meaning set forth in Section 2.1.

  • Unsaleable liquor merchandise means a container that:

  • Distressed merchandise means an alcoholic product in the possession of the

  • Gross Sales Price with respect to each sale of Shares sold pursuant to this Agreement shall be the gross sales price per share of such Shares.

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • Gross weight means the aggregate weight of a vehicle or combination of vehicles and the load

  • Cemetery merchandise means merchandise described in section 4(1)(k)(i).

  • Gross Calorific Value of “GCV” shall mean that quantity of heat expressed in Kilowatt- hour produced by the complete combustion of one (1) normal cubic metre of Natural Gas at twenty-five (25) degrees Celsius and an absolute pressure of one decimal zero one three two five (1.01325) bar with excess air at the same temperature and pressure as the Natural Gas when the products of combustion are cooled to twenty-five (25) degrees Celsius and when the water formed by combustion is condensed to the liquid state and the products of combustion contain the same total mass of water vapor as the Natural Gas and air before combustion.

  • Adjusted gross receipts means the gross receipts less winnings paid to wagerers.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Retail value of a prize means:

  • Finished Goods means completed goods which require no additional processing or manufacturing to be sold to third party customers by the Loan Parties in the ordinary course of business.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Enterprise Value means the sum, at fiscal year-end, of the market capitalisation of ordinary shares, the market capitalisation of preferred shares, and the book value of total debt and non-controlling interests, without the deduction of cash or cash equivalents;

  • Gross Asset Value means, with respect to any asset, the asset’s adjusted basis for federal income tax purposes, except as follows:

  • Eligible Finished Goods Inventory means Inventory that qualifies as Eligible Inventory and consists of first quality finished goods held for sale in the ordinary course of Borrower’s business.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;

  • Gross Revenue means:

  • Eligible In-Transit Inventory means, as of any date of determination thereof, without duplication of other Eligible Inventory, In-Transit Inventory:

  • In-Transit Inventory means Inventory of a Borrower which is in the possession of a common carrier and is in transit from a Foreign Vendor of a Borrower from a location outside of the continental United States to a location of a Borrower that is within the continental United States.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Inventories means “Inventories” as defined in the Uniform System of Accounts, such as provisions in storerooms, refrigerators, pantries and kitchens, beverages in wine cellars and bars, other merchandise intended for sale, fuel, mechanical supplies, stationery, and other supplies and similar items.

  • Retail Price As set forth in Exhibit A.