Meaning of “cost-plus” in the English Dictionary

business-english dictionary

"cost-plus" in Business English

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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)