: paid on the basis of a fixed fee or a percentage added to actual cost
a cost-plus contract
: of or relating to a cost-plus contract

Examples of cost-plus in a Sentence

Recent Examples on the Web Its leaders were used to operating in a cost-plus environment, in which Boeing could bill the government for all of its expenses and earn a fee. Amber Dasilva / Jalopnik, Quartz, 6 May 2024 This is because most construction contractors charge their customers, the developer, on a cost-plus basis. Jeremy Kahn, Fortune, 15 Feb. 2024 For now, that is the Space Launch System rocket, developed by NASA using cost-plus contracts. Eric Berger, Ars Technica, 16 June 2023 Under this cost-plus model, drugs will be transparently and straightforwardly priced based on the amount CVS paid for the drugs, plus a small markup–a sea change from the indecipherable, opaque, and convoluted system of rebates, markups, and bespoke discounts that define today’s PBM system. Jeffrey Sonnenfeld, Fortune, 4 Jan. 2024 And doing so would likely require some other big paradigm shifts, such as getting rid of the cost-plus model under which streamers pay the full cost of production for a show plus a bonus to studios. Vulture, 3 Aug. 2023 But those checks have shrunk for streaming shows made under the cost-plus model. Josef Adalian, Vulture, 6 June 2023 The cost-plus model offers creators pretty good, low-risk income. Josef Adalian, Vulture, 6 June 2023 Typically, they were accustomed to competing for cost-plus contracts, which paid a company's expenses, plus a fee. Eric Berger, Ars Technica, 11 Apr. 2023

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'cost-plus.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

1909, in the meaning defined at sense 1

Time Traveler
The first known use of cost-plus was in 1909

Dictionary Entries Near cost-plus

Cite this Entry

“Cost-plus.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost-plus. Accessed 19 Jul. 2024.

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