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.
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- cost-of-living adjustment,
- cost-of-living allowance,
- cost-of-living index,
- cost-push inflation,
- costa brava
Origin of cost-plus
First recorded in 1915–20
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Examples 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
- a method of establishing a selling price in which an agreed percentage is added to the cost price to cover profit
- (as modifier)cost-plus pricing
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012