cost-plus Antonyms
No Synonyms and anytonyms found
Meaning of cost-plus
Wordnet
cost-plus (s)
determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit
FAQs About the word cost-plus
determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit
No synonyms found.
No antonyms found.
The company implemented a cost-plus pricing strategy to ensure profitability while covering all expenses.
The cost-plus contract allowed for reimbursement of all project expenses plus an agreed-upon profit margin.
The cost-plus model incentivizes efficiency and cost control to maximize profits.
Under the cost-plus system, suppliers are reimbursed for their expenses plus a negotiated markup.
