cost plus

noun

A form of contract whereby the contractor is paid for all permitted expenses, plus an additional payment.

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Meanings

nouncost plus (uncountable)
  1. attributiveoftenuncountablebusinessA 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
  2. attributiveoftenuncountablebusinessA pricing strategy in which the selling price of a product is determined by adding a fixed percentage markup to its unit cost.
Cite this entry
APA

cost plus. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/cost%20plus

MLA

“cost plus.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/cost%20plus. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “cost plus,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/cost%20plus.

Source: cost plus on Wiktionary, CC BY-SA 4.0.