Mark Up (Verb)
Meaning
Increase the price of.
Classification
Verbs of buying, selling, owning.
Examples
- The retailer will mark up her costs by at least 20 percent before setting the final price for the goods.
- The art dealer might mark up the price of the painting to make a larger profit.
- You could lose money if you mark up the price of the car too high for the local market.
- The store will mark up the video games released last year to make room for the new releases.
- They tend to mark up the cost of replacement parts when you have them install it.