cost-plus
cost-plus
Definition
☆ cost·-plus (kôst′plus′)
adjective
with the price for goods or services set at the cost of materials, labor, etc. plus a specified percentage or amount of profit, as in some government contracts with industry
cost-plus
Usage Examples
Modifies a noun
- pricing: Many start-up businesses work out a cost figure for each product and add a modest mark-up - known as cost-plus pricing.
- contract: The initial cost-plus contract was awarded by the Air Force in November 1996 to Boeing Defense Group.
- basis: The price feed technology is also capable of recalculating your trade and/or retail pricing on a cost-plus basis as part of each update.
- fee: Each of the participating companies worked to a cost-plus fee type of contract that was placed by its own national government.
Browse dictionary entries near cost-plus
- cost-of-living adjustment
- cost of living
- cost of goods sold
- cost of completion
- cost of carry
- cost of capital
- cost, insurance, and freight
- cost-effectiveness
- cost-effective
- cost-benefit analysis
- cost-plus contract
- cost-push inflation
- costa
- Costa Brava
- Costa del Sol
- Costa Mesa
- Costa Rica
- Costa Rican
- costae
- costal
