cost of living adjustment Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of “cost of living adjustment” in the English Dictionary

"cost of living adjustment" in Business English

See all translations

cost of living adjustmentnoun [C]

uk   us   ( 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 ​housing have ​increased: Because of ​fallingconsumerprices, the ​government recently announced that there will be no ​cost of ​livingadjustment (COLA) for Social Security ​recipients this ​year.
(Definition of cost of living adjustment from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of cost of living adjustment?
Add Cambridge dictionaries to your browser to your website
There, their and they’re – which one should you use?
There, their and they’re – which one should you use?
by ,
April 27, 2016
by Liz Walter If you are a learner of English and you are confused about the words there, their and they’re, let me reassure you: many, many people with English as their first language share your problem! You only have to take a look at the ‘comments’ sections on the website of, for example, a popular

Read More 

Word of the Day

flavoursome

having good flavour or a lot of flavour

Word of the Day

bio-banding noun
bio-banding noun
April 25, 2016
in sport, grouping children according to their physical maturity rather than their age ‘When we’re grouping children for sports, we do it by age groups, but the problem is that, within those age groups, we get huge variations in biological age,’ said Dr Sean Cumming, senior lecturer at the University of Bath’s department for

Read More