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Commerce, purchasing and sales

GMV

Abbreviation for Gross Merchandise Value

In short and in plain language

GMV is the value of all goods a shop sells in a period.

Costs and fees are not taken off.

Some software makers base their licence on this value.

Definition
GMV is the gross merchandise value, the total value of goods sold through a shop in a given period. Costs and fees are not deducted. Some software vendors tie their licence terms to this figure.