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cost plus

From Wiktionary, the free dictionary

English

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English Wikipedia has an article on:
Wikipedia
English Wikipedia has an article on:
Wikipedia

Noun

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cost plus (uncountable) (business, often attributive)

  1. A form of contract whereby the contractor is paid for all permitted expenses, plus an additional payment.
  2. A pricing strategy in which the selling price of a product is determined by adding a fixed percentage markup to its unit cost.