Meaning of “cost-plus” in the English Dictionary


"cost-plus" in Business English

See all translations

cost-plusadjective [ before noun ]

uk us

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.

(Definition of “cost-plus” from the Cambridge Business English Dictionary © Cambridge University Press)