cost-of-living increase

/ˌkɒst əv 'lɪvɪŋ ˌɪnkri:s/ noun
an increase in salary to allow it to keep up with the increased cost of living

Marketing dictionary in english. 2015.

Look at other dictionaries:

  • cost-of-living increase — /ˌkɒst əv lɪvɪŋ ˌɪnkri:s/ noun an increase in salary to allow it to keep up with the increased cost of living …   Dictionary of banking and finance

  • Cost of Living Allowance (U.S. Military) — Cost of Living Allowance (COLA) is a United States military entitlement given to military servicemen and women living in high cost areas or stationed overseas. It is intended to compensate servicemembers for the high cost of living at certain… …   Wikipedia

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  • cost of living — ˌcost of ˈliving noun ECONOMICS the cost of living the average amount of money people in a particular place spend on food, clothes, or a place to live: • The cost of living rose by over 2.5% in the first half of this year. * * * cost of living UK …   Financial and business terms

  • cost of living clause — n: a clause in an agreement (as a collective bargaining agreement) that provides for increase of payments (as wages) made under the agreement in some proportion to the increase in the cost of living Merriam Webster’s Dictionary of Law. Merriam… …   Law dictionary

  • cost of living adjustment — ➔ adjustment * * * cost of living adjustment UK US noun [C] (ABBREVIATION COLA) ► ECONOMICS, HR an increase in a person s wages, pension, etc. that is made once a year according to how much the prices of things such as food, transport, and… …   Financial and business terms

  • cost of living clause — A provision, commonly in labor agreements, and also in certain pension, retirement, and disability benefit programs, giving an automatic wage or benefit increase tied in some way to cost of living rises in the economy. Cost of living is usually… …   Black's law dictionary

  • cost-of-living — adjective Describing an index or an increase in payment etc that is dependent upon the cost of living …   Wiktionary

  • cost-of-living index — /ˌkɒst əv lɪvɪŋ ˌɪndeks/ noun the way of measuring the cost of living which is shown as a percentage increase on the figure for the previous year. It is similar to the consumer price index, but includes other items such as the interest on… …   Marketing dictionary in english

  • cost-of-living bonus — /ˌkɒst əv lɪvɪŋ ˌbəυnəs/ noun money paid to meet an increase in the cost of living …   Dictionary of banking and finance

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