What is the meaning of cost-plus contract?

noun

  • A contract in which the contractor is paid his total cost plus a stated percentage of profit. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). cost-plus contract. Retrieved September 28, 2026, from http://smartdefine.org/cost-plus_contract/definitions/1216665
ChicagoWordNet. 2010. "cost-plus contract" http://smartdefine.org/cost-plus_contract/definitions/1216665 (accessed September 28, 2026).
HarvardWordNet 2010, cost-plus contract, Smart Define, viewed 28 September, 2026, <http://smartdefine.org/cost-plus_contract/definitions/1216665>.
MLAWordNet. "cost-plus contract" 23 October 2010. Web. 28 September 2026. <http://smartdefine.org/cost-plus_contract/definitions/1216665>
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