markup

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noun mark·up \ ˈmärk-ˌəp \

Definition of markup

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

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

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Examples of markup in a Sentence

The retail markup on their products is 25 percent.
selling used cars at high markups

Recent Examples of markup from the Web

Body Vibes are essentially stickers sold at a 2,000 percent markup.

— gabriella paiella, The Cut, "The 23 Most Ridiculous Moments in Goop History, Ranked," 24 Aug. 2017
A top White House legislative aide said the plan for a tax code rewrite is to start hearings and a markup of the bill after Labor Day so a version can get through the House in October and the Senate in November.

— chicagotribune.com, "White House maps 'aggressive' timeline to pass tax bill," 31 July 2017
As chairman of the Senate Energy and Natural Resources Committee, Murkowski indefinitely postponed a nominations markup that the Interior Department badly wants.

— james hohmann, Washington Post, "The Daily 202: Trump’s hardball tactics backfire as ‘skinny repeal’ goes down," 28 July 2017
The Times counted the number of days that the five House and Senate committees directly involved in drafting legislation held public hearings or markups, as well as floor activity such as debates and consideration of amendments, in both chambers.

— haeyoun park, The Seattle Times, "Fact check: Which party was more secretive in working on Health Care Plan?," 10 July 2017
That same food was then sold to the government’s Corporation for Distribution and Agricultural Services (CASA), which administers the CLAP program, for $42 a box — or a 237 percent markup.

— jim wyss, miamiherald, "Importer accused of jacking up food prices for hungry Venezuelans says he’s innocent," 6 July 2017
That means the markup on some regulated medical cannabis products in Pennsylvania could make Martin Shkreli (the villain of EpiPen price gouging) jealous.

— chris goldstein, Philly.com, "Pa.'s medical cannabis law legalized only the priciest treatments," 6 July 2017
Replace the Xbox controller maybe with the impenetrable machinations of Congress, where bills and markups and votes are often the stuff of hard-to-discern theater.

— vanityfair.com, "The “WTF” Plan to Disrupt Politics Is Everything That’s Wrong with Silicon Valley," 5 July 2017
After tickets for The Tragically Hip's final tour last year appeared immediately on ticket resale sites at outrageous markups, the familiar practice finally caught the attention of those with legislative power.

— karen bliss, Billboard, "Ontario Wages War on Ticket Bots: AG Yasir Naqvi Talks Strategy, Fines, Jail Time," 28 June 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'markup.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

First Known Use of markup

1916

Other Business Terms

amortize, caveat emptor, clearinghouse, divest, due diligence, emolument, green-collar, marque, overhead, perquisite

mark up

verb

Definition of mark up

transitive verb

:to put a markup on

See mark up defined for kids

First Known Use of mark up

1868

MARKUP Defined for English Language Learners

markup

play

noun

Definition of markup for English Language Learners

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

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mark up

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markup

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