Markup
volume
British pronunciation/mˈɑːkʌp/
American pronunciation/ˈmɑɹˌkəp/

Definition & Meaning of "markup"

Markup
01

the amount added to the price of something to cover overheads and profit

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Example
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The boutique applied a 50 % markup to all its clothing items to cover operational costs and ensure a healthy profit margin.
Understanding the right markup is crucial for retailers to balance competitiveness and profitability in a crowded market.
02

detailed stylistic instructions for typesetting something that is to be printed; manual markup is usually written on the copy (e.g. underlining words that are to be set in italics)

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