Definition of "markup" []

• A raise in the price of an item for sale. (noun)
• An amount added to a cost price in calculating a selling price, especially an amount that takes into account overhead and profit. (noun)
• A session of a U.S. congressional committee at which a legislative bill is put into final form. (noun)
• The collection of detailed stylistic instructions written on a manuscript that is to be typeset. (noun)
• Computer Science The collection of tags that describe the specifications of an electronic document, as for formatting. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "This is -- and maybe we don't always pay as close attention to something like this, Tony, what we call a markup, where these members of this committee are taking a bill, and they are going through it really line by line, taking out things they don't want, making adjustments to things, making changes."
• "That's why I was pressing last week to move ahead with what we call the markup in Judiciary, and I am hopeful we will get the bill to the floor this week."
• "I've looked here in the US but the markup is too high for me to sell it in my area."