GNU Collaborative International Dictionary of English
Found one definition
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markup n.
1. (Commerce) The amount added to the cost to determine the asking price.
[WordNet 1.5]
2. (printing) Instructions for the typesetter that are written on the copy (e.g. underlining words that are to be set in italics).
[WordNet 1.5]
3. (Legislation) Changes in proposed legislation drafted in conference, as contrasted with changes resulting from the amendment process.
[PJC]