cost-plus

US: (kôst′plus′, kost′-)

WordReference Random House Unabridged Dictionary of American English © 2025

cost-plus  (kôst′plus′, kost′-), adj. 

1. Business paid or providing for payment based on the cost of production plus an agreed-upon fee or rate of profit, as certain government contracts.
2. Business of or pertaining to a cost-plus arrangement or contract.

• 1915–20

Collins Concise English Dictionary © HarperCollins Publishers::

cost-plus noun

1. a method of establishing a selling price in which an agreed percentage is added to the cost price to cover profit