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
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