Simple Definition of markup
: an amount added to the price of something : the difference between the cost of producing something and its selling price
Full Definition of markup
1 : an amount added to the cost price to determine the selling price; broadly : profit
2 : a United States Congressional committee session at which a bill is put into final form before it is reported out
Examples of markup
The retail markup on their products is 25 percent.
selling used cars at high markups
First Known Use of markup
Rhymes with markup
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Seen and Heard
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