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Look up: cost-plus

  1. Cost Plus
    1. The ultimate goal of every government contractor. 2. The foundation of the USA's military-industrial complex. 3. A type of contract where all Research & Development expenses are charged to the government, whatever they are, in addition to fees.
    Found on http://www.encyclo.co.uk/local/20091

  2. cost-plus
    A method of pricing where merchandise is billed at cost, with a percentage mark-up, or dollar charge, added for services rendered.
    Found on http://www.fmi.org/facts_figs/glossary_s

  3. cost-plus
    [adj] - determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit
    Found on http://www.webdictionary.co.uk/definitio

  4. cost-plus
    a method of determining the arm`s length price of goods or services in respect of transactions between related enterprises,whereby the arm`s length price of goods or services is taken as the cost to the seller plus an appropriate mark-up Category: Financial affairs - taxation - customs •...
    Found on http://www.mijnwoordenboek.nl/definition

  5. cost-plus
    adjective determining payment based on the actual cost of production plus an agreed-upon fee or rate of profit; `a cost-plus government contract`
    Found on http://wordnetweb.princeton.edu/perl/web

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11 February 2012

This day in history:
On 11th February, 1858, a 14 year old French peasant girl, Bernadette Soubirous claimed to have seen visions of the Virgin Mary at her native Lourdes. She also revealed that the waters of a spring near a grotto in Lourdes had been given healing powers by the Virgin. Eventually, the Roman Catholic church decided that the visions were authentic. Franz Werfel wrote the novel, Song of Bernadette, based on the story of Bernadette's visions. read more

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