cost-of-living adjustment

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Related to Cost Of Living Adjustment: inflation rate, Cost of living index

cost-of-liv·ing adjustment

n. Abbr. COLA
An adjustment made in wages that corresponds with a change in the cost of living.
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The final Social Security cost of living adjustment will be announced in the fall based on updated data.
6 percent cost of living adjustment (about $3,700 annually) to his current base salary effective July 1.
I've seen different kinds of subsidies, but the cost of living adjustment is by far the fairest.
Niekamp said the cost of living adjustment for the 2002-03 school year was about 2 percent.
87 percent cost of living adjustment during 2001-02 but did not provide the same raise to teachers.
Work session on possible geographic adjustments to transportation systems development charge and proposed cost of living adjustment to parks systems development charge.