markdowns

noun
UK /ˈmɑːkdaʊnz/
US /ˈmɑːrkdaʊnz/

Markdowns are lower prices on things you buy.

The store has big markdowns on winter coats this week.


OTHER MEANINGS

2. Notes written down about something, like a list of things to remember.

She made markdowns of the meeting so she would not forget.

3. A simple way of writing text on a computer that uses symbols like stars and dashes.

He wrote his blog post in Markdown so it was easy to format.

4. The act of lowering a price.

The markdown of the old toys happened after the holidays.