- differential
- A small charge added to the purchase price and subtracted from the selling price by the dealer for odd-lot quantities. Bloomberg Financial Dictionary
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▪ I. differential dif‧fe‧ren‧tial 1 [ˌdɪfəˈrenʆl◂] noun [countable]the amount of difference that there is between two things:differential in• There is a severe differential in the quality of jobs between the north and south of the country.
ˈduty diffeˌrential TAXa difference in the tax that has to be paid on different products to show their relative usefulness or value:• In the budget, the Chancellor introduced a 10p duty differential between leaded and unleaded petrol.
ˈearnings diffeˌrential also ˈpay diffeˌrential HUMAN RESOURCESa difference in the pay of two jobs that is supposed to show their relative importance:• I don't think the pay differentials in Grades 4 and above properly reflect the job's responsibilities.
ˈprice diffeˌrential ECONOMICSa difference in the prices of two products or of the same product in different places:• The Commission is looking at the price differentials of the same car models in different member states.
[m0] ▪ II. differential differential 2 adjective [only before a noun]based on or depending on a difference between two things:• The change in the exchange rate over a period will equal the differential inflation rates between the two countries.
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Ⅰ.differential UK US /ˌdɪfəˈrenʃəl/ noun [C]► HR a difference in pay between different industries or between groups of employees within an organization: »a pay/wage/salary differential
maintain/reduce/justify a differential »In order to maintain differentials we propose a 3% increase for all pay grades.
► ECONOMICS, COMMERCE a difference in an amount, for example, a difference in price between the same product sold in different areas: a price/cost differential »The company is free to maintain the price differential between a low price market such as the USA and a high price market such as the UK.
»When the interest rate differential between the euro and other currencies changes, foreign exchange dealers react.
► STOCK MARKET an extra charge added to the price of shares when they are sold in a quantity that is less than the usual quantity: »The differential for odd lots (fewer than 100 shares) is added to the price for the purchaser.
Ⅱ.differential UK US adjective► treating different groups of people or things differently: »The WTO recognizes the need for differential treatment for developing countries.
differentially /ˌdɪfəˈrenʃəli/ adverb► »Differentially priced pharmaceuticals are priced at a lower rate for developing countries.
Financial and business terms. 2012.