Meaning Of The Word Cost-plus
What's the definition of Cost-plus? Find Cost-plus meanings, definitions and more at the Real Dictionary online.
Cost-plus Meaning
| Cost-plus Definition |
|---|
What's The Definition Of Cost-plus?
cost-plus
A cost-plus basis for a contract about work to be done is one in which the buyer agrees to pay the seller or contractor all the costs plus a profit. cost-plus in American English 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 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 cost-plus in British English noun: a method of establishing a selling price in which an agreed percentage is added to the cost price to cover profit |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Polyanthus ‐ any of various primroses with many flowers; noun:…
- Gentilhomme ‐ noun: a…
- Martingal ‐ noun; noun: a strap from the reins to the girth…
- Omphacite ‐ noun: a green, foliated mineral; noun: a pale-green…
- Freezing fog ‐ noun: fog in which the temperature of the water…
- Cut tobacco ‐ noun: tobacco cut into thin shreds as used in…
- Synchro swimming ‐ noun; noun: the art or sport of one or more swimmers…
- Regiment ‐ a military unit consisting of two or more battalions…
- Pintado petrel ‐ noun; noun: a species of seagoing petrel, Daption…
- Jack Rose ‐ noun: a cocktail made with apple brandy, lime…