follow Dictionary.com

11 Trending Words of 2014

markdown

[mahrk-doun] /ˈmɑrkˌdaʊn/
noun
1.
a reduction in price, usually to encourage buying.
2.
the amount by which a price is reduced.
Origin
Americanism; noun use of verb phrase mark down
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples from the web for markdown
  • Some markdown amounts also deviated from industry practice.
  • markdown money is a standard part of the apparel industry.
  • Miller developed the firm's markup and markdown policies and procedures, and participated in their implementation.
  • Understand how to calculate markdown in dollars and how to determine sale price and maintained markup.
  • Profits for the season were maintained by closely watching inventories and markdown levels.
  • Automated markdown is another labor saving device that is being introduced and integrated gradually in the retail market.
  • There was also a markdown for leaving the charts out in public the night before in the clinic.
  • In setting a markdown price, the original cost of the merchandise should be recovered if at all.
British Dictionary definitions for markdown

markdown

/ˈmɑːkˌdaʊn/
noun
1.
a price reduction
verb
2.
(transitive, adverb) to reduce in price
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for markdown

Few English speakers likely know this word

Word Value for markdown

18
20
Scrabble Words With Friends