- cost-plus ˌcost-ˈplus adjectiveCOMMERCE MANUFACTURING cost-plus product/price/basis etc if something is made or done on a cost-plus basis, it is made or done at an agreed price plus an extra amount. This is done when the cost of making a product etc is not known at the time the agreement to buy it is made:
• In the past it has been the practice for research and development contracts to be on a cost-plus basis.
* * *cost-plus UK US adjective [before noun]► used to describe a way of charging for a product or service in which the price includes the actual cost of producing the product or providing the service and an extra amount for profit: »
Most of the contracts were cost-plus, allowing BNFL to make a profit however much the work cost.
Financial and business terms. 2012.
Look at other dictionaries:
cost plus — noun A work contract where payment is based on the actual production cost plus an agreed percentage of that cost as profit • • • Main Entry: ↑cost * * * cost plus, an arrangement or contract under which the selling price is based on the cost of… … Useful english dictionary
cost-plus — adj. determining payment based on the actual cost of production plus an agreed upon fee or rate of profit; as, a cost plus government contract. [WordNet 1.5] … The Collaborative International Dictionary of English
Cost Plus — may refer to: Cost Plus World Market (U.S. Corporation) Cost plus contract Cost plus pricing This disambiguation page lists articles associated with the same title. If an internal link led you here, yo … Wikipedia
cost-plus — noun count BUSINESS an amount calculated by adding the cost of producing something to a profit or charge that has been agreed ╾ cost ,plus adjective: a cost plus contract … Usage of the words and phrases in modern English
cost-plus — ☆ cost plus [kôst′plus′ ] adj. 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 … English World dictionary
cost-plus — adjective determining payment based on the actual cost of production plus an agreed upon fee or rate of profit (Freq. 1) a cost plus government contract • Similar to: ↑indeterminate, ↑undetermined * * * cost plus, an arrangement or contract under … Useful english dictionary
Cost-plus — Tarification cost plus Le modèle de tarification cost plus est utilisé dans le monde de la téléphonie mobile, pour caractériser la façon dont les opérateurs disposant d un réseau (Orange, SFR et Bouygues Télécom) fixent leur tarifs de gros vis à… … Wikipédia en Français
Cost plus — Tarification cost plus Le modèle de tarification cost plus est utilisé dans le monde de la téléphonie mobile, pour caractériser la façon dont les opérateurs disposant d un réseau (Orange, SFR et Bouygues Télécom) fixent leur tarifs de gros vis à… … Wikipédia en Français
cost-plus — ADJ: ADJ n 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 cost plus a profit. All vessels were to be built on a cost plus basis. ...cost plus contracts … English dictionary
cost-plus — adjective Date: 1918 1. paid on the basis of a fixed fee or a percentage added to actual cost < a cost plus contract > 2. of or relating to a cost plus contract … New Collegiate Dictionary