The amount subtracted from the selling price of securities when they are sold to a dealer in the OTC market Also, the discounted price of municipal bonds after the market has shown little interest in the issue at the original price
A markdown is a reduction in the price of something. Customers know that our stocktake sales offer genuine markdowns across the store. a reduction in the price of something markdown of
Amount by which a dealer decreases the price of a security it pays to a client before selling it to another client Markdowns are most often associated with stocks that trade over-the-counter (See "Markup")
The amount subtracted from the selling price in the OTC market If the customer purchased from the dealer, the dealer would charge a markup, which is added to the price NASD has a 5% reasonable guidelines in markup and markdowns