cost-plus

[ kawst-pluhs, kost- ]

adjective

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

cost-plus

noun

1. 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

Word History and Origins

Origin of cost-plus¹

First recorded in 1915–20

Example Sentences

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

From Project Gutenberg

This bridge has a pile foundation which was put in by the Warren Construction Company on a cost plus basis for $1,583.32.

From Project Gutenberg

This was done by Oscar Lindstrom on a basis of cost plus ten per cent.

From Project Gutenberg

The contractor was paid on the basis of cost plus ten per cent for labor and plus five per cent for materials.

From Project Gutenberg

He can never organize to put his industry in a "cost plus" basis as industrial producers do, and remedy must be found elsewhere.

From Project Gutenberg