What is a markdown?

What is a markdown? Here are some definitions.

Noun
  1. A reduction in price in order to stimulate sales.
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And later, if you want to sell the bond before it matures, there will be a tremendous markdown on its value.
If the markdown is from an artificially inflated price, then the advertising is deceptive.
Nevertheless, I urge fans of police procedurals to look around for a markdown price, since this is a solid mystery series that many will enjoy adding to their collection.
Second is to integrate the markdown list that has been approved into Retail-1 and have the price changes reflected at store level.
Is there an automatic markdown in price if an item hasn't sold in a certain period of time?
For each markdown plan, the list shows the name and number of the plan, the markdown type and rule used, and the starting date.

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