costplus

cost-plus

[kawst-pluhs, kost-]
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:
1915–20

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Collins
World English Dictionary
cost-plus
 
n
a.  a method of establishing a selling price in which an agreed percentage is added to the cost price to cover profit
 b.  (as modifier): cost-plus pricing

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