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cost-plus contract

n.
1.a contract in which the contractor is paid his total cost plus a stated percentage of profit

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Word of the Day

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    Idiom of the Day

    lock (something) in or lock in (something)
    to make something (such as a rate of interest at a bank) permanent over a period of time
    We locked in the mortgage of our house for five years because the interest rates were low.



    1.
    John ________ his mother in the face for the first time in his life.

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