Business, Legal & 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

  1. The notation that is used to indicate how text should be displayed.
  2. The percentage or amount by which a seller hikes up his buy-in price when determining his selling price.
  3. An increase in price.

Full Definition of Markup

The difference between the lowest current offering price among dealers and the higher price that a dealer charges to a customer. opposite of markdown.

Examples of Markup in a sentence

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.

Related Phrases

cost-plus pricing
maintenance markup
riskless transaction
proceeds sale
stock cycle
fixed-markup UML
yield burning
markup pricing

Cite Term

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.

Page URL
Modern Language Association (MLA):
Markup. Payroll & Accounting Heaven Ltd.
February 02, 2023
Chicago Manual of Style (CMS):
Markup. Payroll & Accounting Heaven Ltd. (accessed: February 02, 2023).
American Psychological Association (APA):
Markup. Retrieved February 02, 2023
, from website:

Definition Sources

Definitions for Markup are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 7th November, 2021 | 0 Views.