Cost of Living Adjustment
DefinitionCOLA. An annual adjustment in wages to offset a change (usually a loss) in purchasing power, as measured by the Consumer Price Index. The Consumer Price Index is used rather than the Producer Price Index because the purpose is to offset inflation as experienced by the consumer, not the producer.
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Cost of Living Adjustment is ...
... part of the Economy subject.
... part of the Economy subject.
Cost of Living Adjustment appears in the definitions of these other terms on BusinessDictionary.com
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