cost plus
cost plus noun: a form of contract whereby the contractor is paid for all permitted expenses, plus an additional payment.
Noun
cost plus (uncountable)
- A form of contract whereby the contractor is paid for all permitted expenses, plus an additional payment.
- The nature of the contracts, which were cost-plus, (in other words, a licence to print money), was probably the most expensive mistake, but the lack of proper project management comes a close second.2025 July 9, Christian Wolmar, “Grin and bear it: any trains are better than an HS2 graveyard”, in RAIL, number 1039, page 46
- A pricing strategy in which the selling price of a product is determined by adding a fixed percentage markup to its unit cost.
Questions about cost plus
- What does cost plus mean?
- Cost plus means a form of contract whereby the contractor is paid for all permitted expenses, plus an additional payment.
- What part of speech is cost plus?
- Cost plus is a noun.
Words near cost plus in the dictionary
Source and license
Adapted from Wiktionary: cost plus (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
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Cite this entry: “cost plus.” Word.ws, https://word.ws/cost_plus. Based on Wiktionary, CC BY-SA 4.0.
