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
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
Jackson McHenry, Vulture, 28 Oct. 2024
Buying the Ohtani ball would cost a bidder $2.07 million, as of Oct. 16 – that’s a $1.7 million last bid, plus a 22% markup to the auction house, Goldin’s website says.
—Jonathan Lansner, Orange County Register, 16 Oct. 2024
James D’angelo, Foreign Affairs, 16 Apr. 2019
One explanation is that hospitals mark up products to balance overhead costs and generate revenue.
—Jackie Fortiér, CBS News, 30 Oct. 2024
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Noun
Meanwhile, Gigi starts negotiating a deal for her boutique with a Haitian businessman named Thomas (Andy Lucien), who encourages her to spin stories about how her wares were made by Haitian women who have faced adversity in order to sell them at a higher markup.
—Jackson McHenry, Vulture, 28 Oct. 2024
Buying the Ohtani ball would cost a bidder $2.07 million, as of Oct. 16 – that’s a $1.7 million last bid, plus a 22% markup to the auction house, Goldin’s website says.
—Jonathan Lansner, Orange County Register, 16 Oct. 2024
Verb
The standing committees, meanwhile, in both the House and the Senate, normally marked up bills behind closed doors, and the most powerful ones did all their business that way.
—James D’angelo, Foreign Affairs, 16 Apr. 2019
One explanation is that hospitals mark up products to balance overhead costs and generate revenue.
—Jackie Fortiér, CBS News, 30 Oct. 2024
See all Example Sentences for markup
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Cite this Entry
“Markup.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/markup. Accessed 22 Nov. 2024.
Copy CitationKids 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
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