markup

The amount added to what a seller paid for something to set its selling price.

• The store adds a small markup.
• These shoes carry a fifty percent markup on their wholesale cost.
• A higher markup does not always mean more profit.

How to use it: a markup on something (The shop charges a large markup on accessories.)

Common phrases: retail markup, high markup, markup on something

Codes added to a digital document to show its structure or how its text should appear.

• The browser reads the page's markup.
• Use clear markup to identify headings and lists.
• She removed unnecessary markup from the document.

Common phrases: markup language, html markup, semantic markup

An increase in the price of something.

• A markup is planned for next month.
• The sudden markup made the tickets much more expensive.
• There will be no further markups this year.

How to use it: a markup on something (Customers complained about the markup on basic foods.)

Similar words: price increase, price rise

Opposites: markdown

Common phrases: price markup, sudden markup, markup on something

A meeting or process in which lawmakers discuss and change a proposed law.

• The committee scheduled a markup.
• Lawmakers added three amendments during the markup session.
• The bill changed considerably after committee markup.

Common phrases: committee markup, markup session, bill markup