markup
Pronunciation: [ˈmɑːrkʌp]
Word
Context: “business”
(noun) markup is the amount added to the cost of a product to determine its selling price. Think of it like when you want to sell cookies. You bake them for a dollar each and sell them for two dollars. The extra dollar is the markup.
Example
The store added a markup of 50 cents to each toy they sold.
Example
There was no markup on the second-hand items; they were sold at the same price they were bought.
Example
What is the markup on the items in this store?
Context: “technology”
(noun) markup refers to special codes used to format text in documents or web pages. It helps make words bold, italic, or add links. It’s like giving instructions to make things look nice.
Example
The webpage's markup made the text clear and easy to read.
Example
Without proper markup, the document looked messy and unorganized.
Example
What type of markup language are we using for this project?
Context: “business”
(verb) to markup means to increase the price of a product beyond its cost. If a store gets new shoes, they might markup the price to make a profit.
Example
The store decided to markup the shoes by 20% after getting them on sale.
Example
They did not markup the price at all, keeping it the same even when demand increased.
Example
Did they markup the price of the new video games?
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