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Cost-of-living benefit

/kˈɒstɒvlˈɪvɪŋ bˈɛnɪfˌɪt/

/kˈɔstʌvlˈɪvɪŋ bˈɛnɪfˌɪt/

Definition & Meaning of "cost-of-living benefit"

Cost-of-living benefit

01

a benefit that goes to anyone whose money receipts increase automatically as prices rise

Example

Nearby Words

cost-of-living allowance

cost-benefit analysis

cost-of-living index

cost-plus contract

cost-pull inflation

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