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Noun: markdown
  1. A reduction in the selling price of merchandise
    "End-of-season markdowns helped clear inventory"; "The sweater was on markdown"
     
  2. (computing) a simple text formatting syntax designed for easy reading and writing
    "README files typically use markdown syntax""
Verb: mark down  maa(r)k dawn
  1. Reduce the price of
    "They marked down the winter coats to clear inventory"

Derived forms: markdowns, marked down, marks down, marking down

See also: label

Type of: knock off [informal], shave

Antonym: mark up

Encyclopedia: Markdown