Other forms: markups
A markup is the amount added to cost to arrive at the selling price. A fifty per cent markup, the markup on wine, work out the markup.
It is not the same as margin, and the confusion costs businesses money: markup is measured against cost and margin against the selling price, so a fifty per cent markup is a thirty-three per cent margin. In computing, markup means the tags that describe a document.
1nounmarkupThe amount added to cost to arrive at the selling price.
“The shop buys the shoes cheaply and sells them with a huge markup.”
markup is an addition to price.
Deverbal from mark up.
Etymology from Wiktionary, CC BY-SA