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单词 cost of living adjustment
释义
  • Business

cost of living adjustmentnoun [ C ]

ukusabbreviation COLA

ECONOMICS, HR an increase in a person's wages, pension, etc. that is made once a year according to how much the prices of things such as food, transport, and housing have increased:

Because of falling consumer prices, the government recently announced that there will be no cost of living adjustment (COLA) for Social Security recipients this year.
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更新时间:2024/12/23 1:41:04