mark-up

noun

1. a percentage or amount added to the cost of a commodity to provide the seller with a profit and to cover overheads, costs, etc

2. 1. an increase in the price of a commodity

   2. the amount of this increase

verb

1. to add a percentage for profit, overheads, etc, to the cost of (a commodity)

2. to increase the price of

Idioms and Phrases

Deface by drawing, cutting, or another means of covering something with marks. For example, John was punished for marking up his desk , or These shoes really mark up the floor .

Raise the price of something, as in This small shop marks up its merchandise much more than department stores do . [Second half of 1800s]

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