Cost Of Living Adjustment Definition Economics

Searching for Cost Of Living Adjustment Definition Economics information? On our website, we have collected a lot of different data on the cost of living. You will find links to both official statistics and people's impressions. Below are the most relevant links to Cost Of Living Adjustment Definition Economics data.

Cost-of-Living Adjustment (COLA) Definition

https://www.investopedia.com/terms/c/cola.asp

Sep 22, 2020 · A cost-of-living adjustment (COLA) is an increase in Social Security benefits to counteract inflation. Inflation is measured using the consumer price index for …

Cost of Living Adjustment: Definition, Calculation

https://www.thebalance.com/what-is-the-cost-of-living-adjustment-3305736

Aug 28, 2020 · The cost of living adjustment is an increase in income that keeps up with the cost of living. It's often applied to wages, salaries, and benefits. These include union agreements, executive contracts, and retiree benefits.

Cost-of-living adjustment financial definition of cost-of ...

https://financial-dictionary.thefreedictionary.com/cost-of-living+adjustment

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 ...

What is cost of living adjustment (COLA)? definition and ...

http://www.businessdictionary.com/definition/cost-of-living-adjustment-COLA.html

cost of living adjustment (COLA): Periodic increase in wages or salaries, to compensate for loss in purchasing power of money due to inflation. Rate of COLA is commonly pegged to a general index such as consumer price index (CPI). Also called cost of living allowance.

Cost of Living: Definition, Calculation, Rank

https://www.thebalance.com/cost-of-living-define-calculate-compare-rank-3305737

Sep 24, 2020 · Cost-of-Living Adjustment and Increases . The cost-of-living adjustment (COLA) is the change made to make wages or benefits stay current with the cost of living. The government uses it for federal retirees and recipients of Social Security benefits.

Definition of cost of living, definition at Economic Glossary

https://glossary.econguru.com/economic-term/cost+of+living

Term cost of living Definition: The amount of income or money needed to acquire a given quantity of goods and services or to achieve a given living standard.This cost of living notion is closely intertwined with inflation, the economy's price level, and the concept of purchasing power. The cost of living is typically indicated by a price index such as the Consumer Price Index (CPI).

Adjustment Costs financial definition of Adjustment Costs

https://financial-dictionary.thefreedictionary.com/Adjustment+Costs

The costs associated with making any changes. For example, one must consider adjustment costs for hiring a new employee, or the costs of lost production in the event of layoffs.All companies have adjustment costs, especially when they seek to achieve greater efficiency.

Cost of living economics Britannica

https://www.britannica.com/topic/cost-of-living

Cost of living, monetary cost of maintaining a particular standard of living, usually measured by calculating the average cost of a number of specific goods and services required by a particular group.The goods and services used as indexes may be the minimum necessary to preserve health or may be what is considered average for a given income group, depending on the purposes of the index.

Cost of Living Definition

https://www.investopedia.com/terms/c/cost-of-living.asp

Sep 20, 2020 · The cost of living is the amount a person needs to spend to cover basic expenses such as housing, food, taxes, and healthcare in a particular place.