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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 ?
At first, you wouldn't know that you have colon cancer unless you undergo medical screening.
A balanced diet high in fiber and low in fat promotes good colon health.
The researchers found that certain fatty acid metabolites were more abundant in colon cancer.
Polyps formation is where colon cancer starts-one out of three are precancerous, he said-so that patients going straight to developing colon cancer are very unusual indeed.
Colon was charged with seventh-degree possession of a controlled substance, criminally possessing a hypodermic instrument and driving while ability impaired by drugs, and taken to the jail.
However, after undergoing colon hydrotherapy he feels better and he now goes through the therapy almost once a week.
But if you have a first degree relative with either colon cancer or an adenomatous polyp, don't wait until you're 50 and start your regular screening by the age of 40, or at least 10 years younger than the affected relative.
An estimated 50,000 Americans are expected to die of colon cancer in 2018.
The officials revealed that Colon was unaware he "engaged someone he thought would be a sniper but was actually an undercover FBI employee." Colon also allegedly "engaged in target reconnaissance" with an FBI confidential source and asked them to purchase materials for the production of explosives meant for the attack.
6:11 PM, ET: Mets pitcher Bartolo Colon ignites the Internet by hitting a homerun, the first of his 19-year career.
The colon is part of the large intestine, which is the last part of the digestive system.