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mark-up
noun
a percentage or amount added to the cost of a commodity to provide the seller with a profit and to cover overheads, costs, etc
an increase in the price of a commodity
the amount of this increase
verb
to add a percentage for profit, overheads, etc, to the cost of (a commodity)
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]
Example Sentences
The Federal Trade Commission, along with seven states, said the entertainment giant coordinated with brokers to buy concert tickets and ultimately sell those tickets at a "substantial" mark-up, profiting from huge resale fees.
While the drug will be sold to suppliers in the UK at a discounted rate, pharmacies and other private weight loss services will add their own mark-up to consumers.
Pharmacies and other private weight-loss services will add their own mark-up to consumers, but it means the price rise for patients is unlikely to be as large as initially feared.
In January this year, authorities announced a 36% mark-up in permit fees.
After threatening a 200% mark-up on alcohol from Europe, Donald Trump imposed a 20% tariff on practically all European Union products on 5 April.
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