| 释义 |
cost-plus contract
Thesaurus| Noun | 1. | cost-plus contract - a contract in which the contractor is paid his total cost plus a stated percentage of profitcontract - a binding agreement between two or more persons that is enforceable by law |
cost-plus contract
cost-plus contract[¦kȯst ′pləs ‚kän‚trakt] (engineering) A contract under which a contractor furnishes all material, construction equipment, and labor at actual cost, plus an agreed-upon fee for his services. Cost-plus contract
Cost-plus contractA contract in which the selling price is based on the total cost of production plus a fixed percentage or fixed amount.Cost-Plus ContractAn agreement between a buyer and seller in which the seller agrees to make or produce a good for the buyer. The selling price is the cost to the seller of making or producing the good in addition to some fixed fee or percentage of the cost. See also: Cost-plus pricing.cost-plus contract
Words related to cost-plus contractnoun a contract in which the contractor is paid his total cost plus a stated percentage of profitRelated Words |