markup

1 of 2

noun

mark·​up ˈmärk-ˌəp 

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

mark up

2 of 2

verb

marked up; marking up; marks up

transitive verb

: to put a markup on

Examples of markup in a Sentence

Noun

The retail markup on their products is 25 percent.

selling used cars at high markups

Recent Examples on the Web

Noun

Travelers can avoid waiting in long lines — and paying a hefty markup for airport concessions — by enjoying tasty meals and an assortment of drinks to take on the go. —Stella Shon, Travel + Leisure, 11 June 2024

Then, as reopenings revved up the economy, wages surged, and retailers passed on markups with relative ease. —Jordyn Holman, New York Times, 3 June 2024

Verb

Further, unlike energy suppliers that only profit from marking up their energy supply prices, utility profits are independent of their supply procurements. —Reader Commentary, Baltimore Sun, 15 Mar. 2024

The Senate has not marked up its own version of a telehealth extension yet. —Rachel Cohrs Zhang, STAT, 16 May 2024

Word History

First Known Use

Noun

1916, in the meaning defined at sense 1

Verb

1868, in the meaning defined above

Phrases Containing markup

• hypertext markup language
• markup language

Kids Definition

markup

1 of 2 noun

mark·​up ˈmär-ˌkəp 

: an amount added to the cost price of an article to set the selling price

mark up

2 of 2 verb

(ˈ)mär-ˈkəp

: to put a higher price on