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markup

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noun mark·up \ˈmärk-ˌəp\

Simple Definition of markup

  • : an amount added to the price of something : the difference between the cost of producing something and its selling price

Source: Merriam-Webster's Learner's Dictionary

Full Definition of markup

  1. 1 :  an amount added to the cost price to determine the selling price; broadly :  profit

  2. 2 :  a United States Congressional committee session at which a bill is put into final form before it is reported out

Examples of markup in a sentence

  1. The retail markup on their products is 25 percent.

  2. selling used cars at high markups



1916

First Known Use of markup

1916



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