markup
markup Lexical Profile
markup Game Scores & Validity
• noun
The amount added to the cost price of goods to cover overhead and profit; an increase in price.
"Luxury retailers often apply a substantial markup to imported accessories."
A set of tags, symbols, or annotations inserted into an electronic document or manuscript to govern its formatting, structure, or printing.
"Web developers use HTML markup to structure headings, paragraphs, and links on a page."
American The process in which a legislative committee debates, amends, and rewrites a proposed bill before sending it to the full chamber.
"The Senate committee scheduled a markup session for Tuesday to finalize the infrastructure bill."
Word Nuance & Usage
The closed noun 'markup' should be distinguished from the two-word phrasal verb 'mark up' (e.g., 'The store decided to mark up its prices,' vs. 'The retail markup on designer clothing is high').
• Nearby Words
Word Origin & Etymology
Formed in the early 20th century as a nominalization of the phrasal verb 'mark up', originally referring to the retail practice of increasing the price marked on a tag.