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 next day, just two minutes before the markup was set to begin, a staffer informed people gathered inside the E&C hearing room that it had been canceled. 4. —Maria Curi, Axios, 19 Dec. 2024

According to the European Commission, 55% of the rise in domestic prices in the euro zone in 2022 was due to firms raising their markups. —Eleanor Pringle, Fortune Europe, 8 Oct. 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