Mark Down

Mark Down

v. 1. To reduce the PRICE of an ITEM to encourage a quick sale, e.g., either because it's been slightly damaged, is about to go OUT-OF-DATE, has been DISCONTINUED, or the STORE has some other reason to offer it for sale at a DISCOUNT or clearance price. —n. Any item thus offered. “Is this a mark down?” —adj. Belonging or pertaining to the class of clearance, reduced-priced items.