Definition, Meaning & Synonyms
mark-down
Noun
/ˈmɑrkˌdaʊn/
Definition
A reduction in the original selling price of a product.
Examples
- The store applied a mark-down of 30% on winter clothing.
- After the mark-down, the shoes were much more affordable.
- She was delighted to find a mark-down on her favorite brand of jeans.
Meaning
Mark-down refers to the practice of decreasing the price of an item for sale, typically to encourage a quicker sale or to clear out inventory.
Synonyms
- Discount
- Price reduction
- Sale
- Rebate
