/märk ʌp/ – Noun
Definition: Sự điều chỉnh hoặc tăng giá trị của một tài sản hoặc sản phẩm.
A more thorough explanation: 1. the amount by which the price of something is increased before it is re-sold
2. when negotiating the terms of an agreement, a version of the draft agreement produced by the lawyers acting for one of the parties showing changes (usually blacklined) to an earlier version produced by the other side
Example: 1. Tesco’s premium on lamb is 26%, while Asda claims its mark-up is only 5%.
2. The buyer’s solicitors produced a mark-up of the draft contract.