cost-plus

[ kawst-pluhs, kost- ]
/ ˈkɔstˈplʌs, ˈkɒst- /

adjective

paid or providing for payment based on the cost of production plus an agreed-upon fee or rate of profit, as certain government contracts.
of or relating to a cost-plus arrangement or contract.

Origin of cost-plus

First recorded in 1915–20

Words nearby cost-plus

cost-efficient, cost-justify, cost-of-living adjustment, cost-of-living allowance, cost-of-living index, cost-plus, cost-push, cost-push inflation, cost-share, costa, costa brava

Example sentences from the Web for cost-plus

  • Production at this plant was to be on a cost-plus basis, the estimated cost of the material being 70 cents a pound.

    America's Munitions 1917-1918 |Benedict Crowell

British Dictionary definitions for cost-plus

cost-plus

noun

  1. a method of establishing a selling price in which an agreed percentage is added to the cost price to cover profit
  2. (as modifier)cost-plus pricing