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cost-of-living adjustment

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.07 sec.
cost-of-living adjustment
n. Abbr. COLA
An adjustment made in wages that corresponds with a change in the cost of living.


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District officials said the district was getting about 6 percent in cost-of-living adjustments, compared with about 4 percent last year.
PALMDALE TEACHERS OK NEW CONTRACT SIX PERCENT RAISE NARROWLY PASSES ... by Daily News (Los Angeles, CA)
The House of Representatives, by a vote of 408-0, has passed an annual cost-of-living adjustment (COLA) for veterans and their dependents.
House passes COLA bill by DAV Magazine
4% increase in their 2003 benefit payments from a year earlier as a result of the annual cost-of-living adjustment (COLA).
Uncle Sam gives retirees a raise. (Tax Cases) by Journal of Accountancy
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