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English definition of “markup”

markup

noun [C]     /ˈmɑːk.ʌp/ US  /ˈmɑːrk-/
the amount by which the price of something is increased before it is sold again: The usual markup on clothes is about 20 percent .Profits and lossesValue and price increases
(Definition of markup noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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