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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 ?
Boost to metabolism: Kola nut products contain caffeine, which may give a person's metabolism a boost.
"In addition, to the progress at Kola, the work programme for the [Dougou extension pre-feasibility study] is now underway, creating additional exciting optionality for Kore shareholders," Sampson added.
Goel points out how a senior member in Urban Ladder's team was brought on board thanks to Kola's efforts.
It follows an attempt last month to smuggle 126 bags of kola nuts along with 202 bottles of alcohol by car to Saudi Arabia, while an attempt to smuggle 350kg of kola nuts was foiled last year.
The first section introduces the contemporary Kola Saami bilingual lexicography.
Therefore, beyond all generalizations, the meaning and significance of specific social rituals, such as the weekly airing of Kola Shel Ima, can only be fully comprehended when considering the unique historical context in which the rituals were shaped and the history of their practice (Connerton, 1989).
INCA KOLA has partnered with SBS Interactive in conjunction with Mega 96.3 Los Angeles for an all-expense paid fly away for a lucky winner and a guest to the mother of all concerts in California CALIBASH 2015 starring A- list Latino talent, (i.e.
While gotu kola has medicinal properties to heal a number of conditions (like hepatitis, syphilis, stomach ulcers, epilepsy, diarrhea, asthma, high blood pressure and arthritis) it is best known as a "food for the brain."
kola (1kg) were exhaustively extracted with 3000 mL of 70% methanol.
BANKING AND CREDIT NEWS-December 16, 2011--Sberbank provides Kola Mining Company with USD1.9bn loan(C)2011 M2 COMMUNICATIONS
Healthy circulation is essential to the natural repair process, and the ancient energizing herb gotu kola is popular worldwide as a natural way to keep the vascular system in good condition and promote normal blood circulation.