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What (who) is mark up - definition
WIKIMEDIA DISAMBIGUATION PAGE
Mark up; Mark-up; Markup (disambiguation)
mark up
If you mark something up, you increase its price.
You can sell it to them at a set wholesale price, allowing them to mark it up for retail...
A typical warehouse club marks up its goods by only 10 to 15 percent.
= increase
? mark down
PHRASAL VERB: V n P, V P n (not pron)
see also mark-up
mark-up
(mark-ups)
Note: in AM, also use 'markup'
A mark-up is an increase in the price of something, for example the difference between its cost and the price that it is sold for.
N-COUNT
markup
¦ noun
1. the amount added to the cost price of goods to cover overheads and profit.
2. Computing a set of codes assigned to elements of a body of data to indicate their structural or logical relation to the rest of the data.
Wikipedia
Markup
Markup or mark-up can refer to:
- Markup language, a standardized set of notations used to annotate a plain-text document's content to give information regarding the structure of the text or instructions for how it is to be displayed
- Lightweight markup language, notation that adds basic markup to a client
- Markup rule in economics, a formula for the ratio of a monopolist's chosen price to its marginal cost
- Markup (business) a term in retail business describing the increase in the price of goods to cover expenses and create a profit margin
- Markup (legislation), the process to amend bills
- The Markup, American nonprofit organization publishing data-driven journalism
Examples of use of mark up
1. This corruption mark–up can only be expected to grow.
2. The gross mark up income rose 24 percent to Rs. 2'' bn.
3. A glance at the supermarket shelves confirms the mark–up retailers can command for organic produce.
4. A ticket to see U2 at Twickenham, which would cost 50, has a similar mark up.
5. That‘s a hell of a mark–up." For now, the flow appears nigh impossible to stem.