COST-PLUS Definition

Bookmark and Share

COST-PLUS is determining payment based on the actual cost of production or service provisioning plus an agreed-upon fee or rate of profit; for example, a cost-plus government contract.

Learn new Accounting Terms

CREATIVE ACCOUNTING is slang for the concept of maintaining accounts giving possibly illegal or dubious benefits to the entity for which the accounts are maintained.

GENERAL EXPENSE is expense not directly connected with any single department.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.