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
- Santoríni ‐ noun; noun: a Greek island in the Aegean Sea…
- Malformation ‐ faulty, irregular, or abnormal formation or structure…
- Lookout post ‐ noun: a place from which a guard or sentry can…
- Glacialist ‐ a student of glaciers and their action; noun:…
- Drop elbow ‐ noun: an elbow having lugs for attaching it to…
- Generic drug ‐ noun: a…
- Power of the keys ‐ the authority of a pope in ecclesiastical matters…
- Cheeseburger ‐ a hamburger with a slice of cheese melted onto…
- Infectious keratitis ‐ noun
- Vocal Memnon ‐ noun: one of the two seated figures of the Colossus…