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mark down

Meaning: If you mark something down, you reduce its selling price.

Synonym: discount

For example:

  • mark sth down We need to sell this old stock quickly, so let's mark it all down by 50%.

  • mark down sth Most hotels mark down their room rates during the low season.

Quick Quiz:

If department stores are marking down their prices, things will be
  1. more expensive
  2. poorly marked
  3. cheaper

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