Definition of markdown noun from the Oxford Advanced Learner's Dictionary

 

markdown

 noun
noun
BrE BrE//ˈmɑːkdaʊn//
 
; NAmE NAmE//ˈmɑːrkdaʊn//
 
[usually singular]
 
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a reduction in price a markdown of 20%
See the Oxford Advanced American Dictionary entry: markdown