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Business Definition for: markup
markup

  1. increase on the original selling price. It is associated primarily with the pricing of items for sale in a retail or wholesale environment. Markup cancellation is a reduction on the price of merchandise that has been marked up on the original retail price. See also markdown .
  2. amount added to the cost of an item to arrive at a selling price. Markup may be expressed as a percentage of cost or in dollars. For example, if an item costing $20 has a profit markup on cost of 30%, the selling price will be $26 ($20 + $6).
  3. dealer markups in securities trading.

markup
See also markdown
markup

Marketing:

  1. see gross profit.
  2. determination of a retail selling price, based on some percentage increase in the wholesale cost; also called margin. For example, a 20% markup on an item wholesaling at $100 would be $20, resulting in a retail selling price of $120. Typical markups are 28% for cameras, 41% for dresses, 46% for costume jewelry, and so forth. The size of retail markups tends to vary inversely with the wholesale cost and with turnover (the rate at which a quantity is sold). See also markdown .

Printing:written instructions for the typesetter on copy -for instance, underlining words to indicate they should be set in italics.

markup

Marketing:

  1. see gross profit .
  2. determination of a retail selling price, based on some percentage increase in the wholesale cost; also called margin. For example, a 20% markup on an item wholesaling at $100 would be $20, resulting in a retail selling price of $120.

Printing: written instructions for the typesetter on copy-for instance, underlining words to indicate they should be set in italics.

Copyright © 2005, 2000, 1995, 1987 by Barron's Educational Series, Inc., Reprinted by arrangement with Publisher.
Copyright © 2006, 2003, 1998, 1995, 1991, 1987, 1985 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright c 2000, 1994, 1987 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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