Definition of markdown
(Entry 1 of 2)
1
: a lowering of price
2
: the amount by which an original selling price is reduced
mark down
verb
marked down; marking down; marks down
Definition of mark down (Entry 2 of 2)
: to put a lower price on
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Merriam-Webster unabridged
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Time Traveler for markdown
The first known use of markdown was in 1833
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