Business, Legal & Accounting Glossary
When a business increases the price of an item before it is sold. For example: if a Fridge was bought for £600 and is sold for £800, the markup is £200.
The difference between the lowest current offering price among dealers and the higher price that a dealer charges to a customer. opposite of markdown.
You should try and not do too much of a markup on your product if you really want it to sell quickly.
The markup was for a full seventy-five percent. This is why we made sure to never purchase products from them.
The market of food experiences a serious markup when it comes to goods imported from around different countries in the world.
cost-plus pricing
maintenance markup
riskless transaction
proceeds sale
stock cycle
fixed-markup UML
yield burning
markup pricing
scalp
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
Definitions for Markup are sourced/syndicated and enhanced from:
This glossary post was last updated: 7th November, 2021 | 0 Views.