| / English Dictionary |
COST-PLUS
| Pronunciation (US): |  | (GB): | |
I. (adjective)
Sense 1
Meaning:
Determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit
Example:
a cost-plus government contract
Classified under:
Similar:
indeterminate; undetermined (not precisely determined or established; not fixed or known in advance)
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