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cost-plus

[kawst-pluhs, kost-] /ˈkɔstˈplʌs, ˈkɒst-/
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 pertaining to a cost-plus arrangement or contract.
Origin
1915-1920
1915-20
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for cost plus

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
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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6
7
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