Inside of, as opposed to at, the margin. Example: for a firm that is producing 100 units, marginal cost is the cost of the 101st unit, while inframarginal cost is the cost of units 1,...,100. Found on http://www-personal.umich.edu/~alandear/glossary/i.html
In`fra·mar'gin·al adjective [ Infra + marginal .] Below the margin; submarginal; as, an inframarginal convolution of the brain. Found on http://www.encyclo.co.uk/webster/I/56