Mark-up: Difference between revisions
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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]]. | 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]]. | ||
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]]. | |||
Revision as of 17:36, 28 November 2018
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Brokerage Anatomy™
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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.
Not to be confused with a legal mark-up, an impenetrable melange of passives, passive-aggressives, redundancies, flannel and non-sequiturs injected into a perfectly sensible contract by a perfectly tedious attorney.