A markdown is a reduction in the price of something.
Customers know that our stocktake sales offer genuine markdowns across the store.
markdown in British English
(ˈmɑːkˌdaʊn)
noun
1.
a price reduction
verbmark down
2. (tr, adverb)
to reduce in price
markdown in American English
(ˈmɑrkˌdaʊn)
US
noun
1.
a marking for sale at a reduced price
2.
the amount of reduction in price
markdown in Retail
(mɑrkdaʊn)
Word forms: (regular plural) markdowns
noun
(Retail: Pricing)
A markdown is a reduction made in the usual price marked on a product.
At $14.99 a bottle, it's not exactly cheap, but that's still a markdown from the $19 a bottle you'd pay buying direct from the winery.
The planned price reduction, or markdown, usually takes effect within a certain number of days after seasonal merchandiseis received or on a specific date.
A markdown is a reduction made in the usual price marked on a product.