cost contract
11contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …
12Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …
13Cost of poor quality — (COPQ) or poor quality costs (PQC), are defined as costs that would disappear if systems, processes, and products were perfect. COPQ was popularized by IBM quality expert H. James Harrington in his 1987 book Poor Quality Costs.[1] COPQ is a… …
14COST – European Cooperation in the Field of Scientific and Technical Research — COST is an intergovernmental framework for European Cooperation in the field of Scientific and Technical Research. It was founded in 1971.ObjectivesCOST contributes towards the realisation of the European Research Area (ERA) and is presently used …
15cost — n 1: the amount or equivalent paid or charged for something 2 pl: expenses incurred in litigation; esp: those given by the law or the court to the prevailing party against the losing party Merriam Webster’s Dictionary of Law. Merriam Webster.… …
16cost-plus contract — n. A kind of contract, common in construction projects, in which the contractor is paid for costs of material and labor plus a percentage of those costs as profit. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc.… …
17cost, insurance, and freight — adj: including the cost of goods being shipped and the freight and insurance charges Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. cost, insurance, and freight …
18cost-plus — adj. determining payment based on the actual cost of production plus an agreed upon fee or rate of profit; as, a cost plus government contract. [WordNet 1.5] …
19Cost Plus — may refer to: Cost Plus World Market (U.S. Corporation) Cost plus contract Cost plus pricing This disambiguation page lists articles associated with the same title. If an internal link led you here, yo …
20cost-plus — noun count BUSINESS an amount calculated by adding the cost of producing something to a profit or charge that has been agreed ╾ cost ,plus adjective: a cost plus contract …
