noun a reduction in price
verb to reduce the price of an item
In real estate, 'mark down' can refer to reducing the price of a property to attract buyers.
In finance, 'mark down' can refer to reducing the value of an asset or investment.
In education, 'mark down' can refer to deducting points from a student's grade for incorrect answers or mistakes.
In manufacturing, 'mark down' can refer to reducing the cost of production for a product.
In accounting, 'mark down' can refer to reducing the recorded value of an asset.
In marketing, 'mark down' can refer to promoting a sale or discount on products.
In retail, 'mark down' refers to reducing the price of a product to increase sales or clear out inventory.
In e-commerce, 'mark down' can refer to lowering the price of products to increase sales.
In inventory management, 'mark down' can refer to recording a decrease in the value of stock or assets.
In the publishing industry, writers may be asked to mark down any changes or edits made to a manuscript before final publication.
Psychologists may use mark down techniques when documenting patient progress or notes during therapy sessions.
Retail managers often use mark down strategies to reduce the prices of slow-moving inventory in order to increase sales and clear out space for new products.
Accountants may mark down the value of certain assets or investments in financial statements to reflect their current market value.
Fashion designers may mark down the prices of certain clothing items to attract more customers during a sale or clearance event.