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cost-plus

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

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Origin of cost-plus

First recorded in 1915–20
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use cost-plus in a sentence

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
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
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