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{{a|brokerage|[[File:Hindenburg.jpg|450px|thumb|center|Launch party for the [[2011 Equity Derivatives Definitions]]]]
{{a|work|{{image|Or any part thereof|png|Stick ''that'' in your pipe and smoke it, [[Counselor]]}}}}{{d|Mark-up|/mɑːk ʌp/|n|}}
}}
===[[Mark-up|Broker’s mark-up]]===
A [[mark-up]] (or [[mark-down]]) is a [[dealer]]’s way of making money: the equivalent in a [[principal]] arrangement to [[commission]] paid to an [[agent]].
===[[Legal mark-up]]===
Not to be confused with a ''[[legal mark-up]]'', an impenetrable melange of [[passive|passives]], [[passive-aggressive]]s, [[redundancy|redundancies]], {{tag|flannel}} and [[non-sequitur]]s injected into a perfectly sensible {{tag|contract}} by a perfectly tedious [[mediocre lawyer|attorney]]. The sheer inscrutability of one’s mark-up is a criteria for [[inhouse legal team of the year]].


Legal Mark up, being the written fossil record of a legal negotiation, a striking similarity with a schoolyard argument, or 1 tween 12-year old siblings. It will start as a broad, wide-ranging, harangue, besides adopting fundamentally opposed positions and summoning quiet outrage that their perspective is not accepted. As the absurdity of either sides position becomes apparent there is a slow careful process of reversing comet the way one 1AX down a rickety ladder on the side of a hill, and at the end resolves into to Petra learnt snickering comma correcting split infinitives and adding celery for the the main purpose of having the last word. Both sides walk away declaring at a victory and silently resenting the disappointing but entirely pragmatic middle ground they have found.
1. ''([[Brokerage]])'': A ''broker’s'' mark-up (or [[mark-down]]) is a [[dealer]]’s way of making money: the equivalent in a [[principal]] arrangement to [[commission]] paid to an [[agent]].
===[[Mark-up language]]===
 
Also not to be confused with a [[mark-up language]] which is a way of coding ordinary text in a way that machines can understand. This works quite well sometimes: The internet runs on [[hypertext mark-up language]] — “[[html]]”— an acquired taste but one which any fule can understand with a little patience; the fabulous <nowiki>{{MediaWiki}} runs on [[wiki mark-up]]</nowiki>, which even dear old five-thumbed [[Jolly Contrarian]] can understand — but other adventures have been less successful. There are lawyers at Linklaters who still can’t communicate unemotionally, having coded the entirety of the [[2011 Equity Derivatives Definitions]]— remember those? No? — in [[Financial products Markup Language]].
2. (''~ language)'': A way of coding ordinary text in a way that [[Machines are fungible|machines]] can understand. This works quite well sometimes: The internet runs on [[hypertext mark-up language]] — “[[html]]”— an acquired taste but one which any fule can understand with a little patience; the fabulous MediaWiki runs on wiki mark-up, which even dear old five-thumbed [[Jolly Contrarian]] can understand — but other adventures have been less successful. There are lawyers at Linklaters who still can’t communicate unemotionally, having coded the entirety of the [[2011 Equity Derivatives Definitions]]— remember those? No? — in [[Financial products Markup Language]].
 
3. ''(Institutionalised pedantry''): [[legal mark-up|''Legal'' mark-up]] is an impenetrable melange of [[passive|passives]], [[passive-aggressive]]s, [[redundancy|redundancies]], {{tag|flannel}} and [[non-sequitur]]s injected into a perfectly sensible {{tag|contract}} by a perfectly tedious [[mediocre lawyer|attorney]]. The sheer inscrutability of one’s mark-up is a criteria for [[inhouse legal team of the year]].
 
Legal mark-up, being the fossil record of a legal [[negotiation]] between [[legal eagle]]s, bears a striking similarity to a playground argument. It will start as a broad, wide-ranging, harangue; each side adopting fundamentally opposed positions largely for the sake of it, yet summoning commendable outrage at the other’s position, notwithstanding its fundamental arbitrariness.
 
The process of counter-sniping at idiotic, haughty positions — even if ''with'' idiotic, haughty positions — has a cleansing effect:  as the blinds, battlements and barricades are gradually shot away, leaving just the serial absurdities behind, each side follows the same slow, careful process of reversal, the way one descends a rickety ladder, shouting gleefully, but with ebbing enthusiasm, as she goes. By the bottom, the debate has reduced  into petulant snickering: correcting [[Split infinitive|split infinitives]], interposing redundancies, [[For the avoidance of doubt|clarifying]] the already plain, helpfully particularising the general and addending the particular, all for the glum satisfaction of having had the last word{{strike||, and/or words, as the case may be}}.
 
Both sides will walk away declaring victory, but silently resenting the disappointing but pragmatic middle ground they have found.
 
In the analogue days, mark-up found its voice in spidery handwritten annotations, balloons, glyphs and [[Rider|riders]] with which opposing lawyers would deface carefully-typed drafts. These were hard enough to decrypt in their native form, but when faxed between institutions, became quite inscrutable.<ref>The process was not without its serendipities: the [[Biggs hoson]] was discovered this way.</ref>
 
Since legal employers have discovered they ''can'' and ''should'' pay their lawyers to type after all — since they can thereby dispense with legal secretaries and [[Facsimile|fax]] room attendants — the “manuscript mark-up” has, alas, given way to the charmless and prosaic business of running [[Redline|redlines]].
 
===The [[Biggs threshold]]===
{{bold full stop}}


{{sa}}
{{sa}}
*[[Redline]]
*[[Rider]]
*[[Deltaview Force: An Opco Boone Adventure]]
*[[Inhouse legal team of the year]]
*[[Inhouse legal team of the year]]
{{ref}}