Additional Markup

additional markup definition


Additional markup is the adding of another markup to the original markup. It is the amount of a price increase, especially in stores operating under the retail inventory method of accounting.

Additional markup cancellation is a downward adjustment in price that is offset against a previously recorded additional markup.

Gross additional markup is the original amount of additional markup taken before subtraction of any additional markup cancellations to determine net additional markup.


  1. ^ American Marketing Association, AMA Dictionary.

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