MARKON
markon. An amount (usu. expressed as a percentage) initially added to a product’s cost to obtain the list price. • Further increases or decreases in price are called markups or markdowns, respectively.
[Blacks Law 8th]
markon. An amount (usu. expressed as a percentage) initially added to a product’s cost to obtain the list price. • Further increases or decreases in price are called markups or markdowns, respectively.
[Blacks Law 8th]