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mark-up |
Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson | 0.02 sec. |
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mark-up 1. a percentage or amount added to the cost of a commodity to provide the seller with a profit and to cover overheads, costs, etc. 2. a. an increase in the price of a commodity b. the amount of this increase How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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A mark-up test and/or procedure to determine sales is only as reliable as the base from which an auditor is working or in other words, purchases or if available, cost of goods sold. Distributors can compete for new customers by reducing their mark-ups. This flexibility comes from Oracle's ability to support a wide variety of mark-up languages such as Hypertext Markup Language (HTML), Wireless Markup Language (WML) and VoxML, and protocols such as Wireless Application Protocol (WAP). |
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