Marks Up
Definitions
- (v.) To increase the price or value of an item or service, commonly in commercial or contractual contexts.
The vendor marks up the goods to cover overhead and profit.
Forms
- mark up
- marked up
- marking up
Related terms
See also
Commentary
In legal drafting, clarify whether 'marks up' refers to price inflation or document annotation to avoid ambiguity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.