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

The billing problem: A healthy hospital markup and standard insurance rules Even though Ryan and her mother left without seeing a doctor, the family ended up owing $298.15 after an insurance discount. —Bram Sable-Smith, CBS News, 27 Nov. 2024

That means the extra 70- to 80-cent charge could amount to a markup of more than 700 percent, depending on the milk alternative. —Marina Bolotnikova, Vox, 2 Nov. 2024

Verb

Personal exemptions will go back to their pre-TCJA levels and then be marked up for inflation, if the law is permitted to expire. —Tobias Burns, The Hill, 4 Dec. 2024

Success hinges on the store’s ability to manage costs and adapt offerings, including marking up prices on costumes and seasonal decor. —Francisco Velasquez, Quartz, 30 Oct. 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