Patungan (en. Mark-up)

pa-tu-ngan

Meaning & Definition

EnglishTagalog
noun
The amount added to a price or cost that indicates profit.
The mark-up on products is usually 20%.
Ang patungan sa mga produkto ay karaniwang 20%.
Sharing of bills or expenses among those involved.
We agreed on the cost-sharing to help Ana.
Nagkasundo kami sa patungan ng gastos sa pagtulong kay Ana.

Etymology

derived from the word 'patong' meaning to place or lay on top of

Common Phrases and Expressions

to stack
to build or place one on top of another
magpatong

Related Words

layer
referring to something placed on top of another.
patong

Slang Meanings

joint payment (typically for outings or purchases)
Let's do a 'patungan' for the food so it won't be heavy on our pockets.
Tara, magpatungan tayo sa pagkain para hindi mabigat sa bulsa.
sharing expenses
Let's 'patungan' the fare, it will be easier that way!
Magpatungan tayo ng pamasahe, mas madali 'yun!
buying a shared item
If you want a karaoke machine, let's just 'patungan' to buy it.
Kung gusto nyong videoke, magpatungan na lang tayo para makabili.