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

Meanwhile, Gigi starts negotiating a deal for her boutique with a Haitian businessman named Thomas (Andy Lucien), who encourages her to spin stories about how her wares were made by Haitian women who have faced adversity in order to sell them at a higher markup. —Jackson McHenry, Vulture, 28 Oct. 2024

Buying the Ohtani ball would cost a bidder $2.07 million, as of Oct. 16 – that’s a $1.7 million last bid, plus a 22% markup to the auction house, Goldin’s website says. —Jonathan Lansner, Orange County Register, 16 Oct. 2024

Verb

The standing committees, meanwhile, in both the House and the Senate, normally marked up bills behind closed doors, and the most powerful ones did all their business that way. —James D’angelo, Foreign Affairs, 16 Apr. 2019

One explanation is that hospitals mark up products to balance overhead costs and generate revenue. —Jackie Fortiér, CBS News, 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