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Related to cost-plus: cost-plus contract, Cost-plus pricing
The cost of production plus a fixed rate of profit.
a. a method of establishing a selling price in which an agreed percentage is added to the cost price to cover profit
b. (as modifier): cost-plus pricing.
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|Adj.||1.||cost-plus - determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit; "a cost-plus government contract"|