Markup
Pronunciation: /ˈmɑːrˌkʌp/
Markup (noun)
- An extra amount added to the cost of goods or services to make profit.
- Symbols or tags used to show how text should look, such as bold, headings, or links.
- Marks or comments added to a document to show changes, corrections, or suggestions.
Examples
- The markup raised the final price for customers.
- The store kept the markup small to stay competitive.
Markup (verb)
- To add an extra amount to the cost of something so you can make profit.
Examples
- They markup the price to cover shipping and risk.
- The company marked up the item to add extra cost.