TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

MARKUP CANCELATION [1 record]

Record 1 2006-10-13

English

Subject field(s)
  • Sales (Marketing)
DEF

A reduction of a markup. In the retail method of estimating inventory, it could mean the elimination of part or all of the additional markup.

CONT

If a buyer increases a retail then decides to restore the original retail using a Markup Cancellation, the amounts will net and not cause the markup to be used in the calculation of the cost complement at the end of the month.

French

Domaine(s)
  • Vente
DEF

Réduction du prix de détail majoré d'une marchandise, jusqu'à concurrence de son prix de détail initial.

Spanish

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