Define: Markup

UK Accounting Glossary

Definition: Markup


Quick Summary of Markup


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.



What is the dictionary definition of Markup?

Dictionary Definition



Full Definition of Markup




Markup FAQ's



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https://payrollheaven.com/define/markup/
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Markup. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 16, 2019 https://payrollheaven.com/define/markup/.
Chicago Manual of Style (CMS):
Markup. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/markup/ (accessed: July 16, 2019).
American Psychological Association (APA):
Markup. PayrollHeaven.com. Retrieved July 16, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/markup/

Definition Sources


Definitions for Markup are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th December 2018.