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/ English Dictionary

COST-PLUS CONTRACT

 I. (noun) 

Sense 1

Meaning:

A contract in which the contractor is paid his total cost plus a stated percentage of profitplay

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("cost-plus contract" is a kind of...):

contract (a binding agreement between two or more persons that is enforceable by law)

Credits




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