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Cost-of-Living Adjustment

An increase to a wage, salary, or pension designed so that the real value remains the same. That is, a cost-of-living adjustment increases the underlying wage, salary, or pension so that it keeps pace with (but does not run ahead of) inflation. Federal pensions and Social Security include cost-of-living adjustments, though few other pensions do.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Cost-of-living adjustment (COLA).

A COLA results in a wage or benefit increase that is designed to help you keep pace with increased living costs that result from inflation.

COLAs are usually pegged to increases in the consumer price index (CPI). Federal government pensions, some state pensions, and Social Security are usually adjusted annually, but only a few private pensions provide COLAs.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.


(pronounced like the beverage) See cost-of-living adjustment.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
"It's with these less than cheerful figures in mind that we ask you to stop promoting sugary drinks during the Coca Cola Christmas truck tour to the general public this year - in particular to children."
Cola is the dominant flavor among carbonated beverages.
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And with a nod to their Geordie roots, Hexhambased company Fentimans aims to convey the message that their Curiosity Cola is indeed the "reet" thing.
What to do: It's not clear why colas may weaken women's bones Nether the drinks' caffeine nor their phosphoric acid appeared to explain the link.
The study also asked consumers about their reasons for drinking CSD-cola and CSD-non cola.
The fact that the top cola makers are in this game full-force indicates the products' potential, notes Bob Phillips, editor-in-chief and associate publisher of Beverage Aisle, one of PROGRESSIVE GROCER'S sister publications.
COLA scientists conduct basic science with the goal of developing methods to predict climate variability and gauge predictability' based on the intersection of data gathered--as the center's name says--from the oceans, land, and atmosphere.
Big Cola es el producto de una compania peruana que entr6 discretamente a Mexico hace menos de dos anos, en Puebla y Guadalajara, y que acaba de llegar a la capital.
It's a bit strange really, the kids are now buying their cola from a bookshop.''
In this paper, we present a statistical study based on a survey of our students to show that Coca-Cola vending machine businesses can improve their customer service and in turn their profits by loading spring water and more regular Coca-Cola as compared to Diet Cola. We analyzed the data obtained using the [3.sup.6] availability design and the statistical software programs Foxlogit [11] and Minitab [10].