MARKUP

Term of the Day
For Wednesday, August 20, 2008
markup
Definition 1
Budgeting: Line-by-line review of a budget for approval, disapproval, or
modification by a committee formed for the purpose.
Definition 2
Distribution: Difference in prices at different stages (price points)
between a producer and the ultimate buyer.
Definition 3
Pricing: Amount added to the cost price of an item to cover incidental
costs (interest, labor, taxes, utilities) and to provide for profit in the
item's selling price.
markup is in the Accounting & Auditing, Advertising, Marketing, & Sales,
Distribution & Logistics and Planning & Scheduling subjects.
markup appears in the definitions of the following terms: rich text format
(RTF), principal basis, Ramsey pricing, inventory turnover and vendor
analysis.
This content can be found on the following page:
http://www.businessdictionary.com/definition/markup.html
************"LEADERS ARE THE READERS,READERS ARE THE LEADERS*************