Noun: markdown
- A reduction in the selling price of merchandise
"End-of-season markdowns helped clear inventory"; "The sweater was on markdown"
- (computing) a simple text formatting syntax designed for easy reading and writing
"README files typically use markdown syntax""
Derived forms: markdowns, marked down, marks down, marking down
See also: label
Type of: knock off [informal], shave
Antonym: mark up
Encyclopedia: Markdown