What is the definition of Cost-plus contract? | Dictionary.net

COST-PLUS CONTRACT

\kˈɒstplˈʌs kˈɒntɹakt], \kˈɒstplˈʌs kˈɒntɹakt], \k_ˈɒ_s_t_p_l_ˈʌ_s k_ˈɒ_n_t_ɹ_a_k_t]\

Definitions of COST-PLUS CONTRACT

2006 - WordNet 3.0
2011 - English Dictionary Database

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

2006 - WordNet 3.0
By Princeton University

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

2011 - English Dictionary Database
By DataStellar Co., Ltd

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