- 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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
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
- 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