Cost-of-Living Adjustment (COLA)

Cost-of-Living Adjustment (COLA),

How Do You Define Cost-of-Living Adjustment (COLA)?

  • From the first quarter of the year to the first quarter of the following year, when the consumer price index increases by at least 3%, there is an automatic adjustment in social security pensions.

Literal Meanings of Cost-of-Living Adjustment (COLA)

Cost:

Meanings of Cost:
  1. Payment (a sum of money) is required before the acquisition or realization of (an item or action).

  2. Enjoy the price.

  3. The amount paid or spent to buy or receive something.

Sentences of Cost
  1. Each issue of the magazine costs 25.25

  2. Your job is to plan and calculate the cost of the media calendar for the campaign.

  3. We can cover the cost of this program

Synonyms of Cost

be priced at, sell for, be valued at, fetch, come to, amount to, be, value, price, put a price on, put a value on, put a figure on, estimate the cost of, estimate the price of, evaluate, asking price, market price, selling price, fee, tariff, fare, toll, levy, charge

Of:

Meanings of Of:
  1. It shows the relationship between the component and the whole.

  2. It represents the relationship between scale and value.

  3. Shows association between two entities, usually an association.

  4. It shows the relationship between address and historical landmark.

  5. Explain the relationship between a category or general category and specific items belonging to that category.

  6. Derived from or associated with a verb.

  7. Where the title of the sentence is a predictive adjective.

  8. Indicates the relationship between the verb and the indirect object.

  9. Subject or substance reference that describes something.

Sentences of Of
  1. Coat sleeve

  2. An increase of 5%

  3. Son of a friend

  4. North Chicago

  5. The city of Prague

  6. Happiness you asked

  7. The house is made of bricks

  8. That would be only a quarter for three in New York

Synonyms of Of

by, made by, done by, carried out by, caused by, from, in, of

Living:

Meanings of Living:
  1. Enough income or means of earning a living.

  2. Finding a specific type of lifestyle.

  3. Life.

Sentences of Living
  1. She struggles to make a living as a dancer

  2. The benefits of living in a rural area

  3. Animals

Synonyms of Living

livelihood, income, source of income, means of support, means, subsistence, keep, maintenance, sustenance, nourishment, daily bread, upkeep, way of life, lifestyle, manner of living, way of living, mode of living, life, alive, live, having life

Adjustment:

Meanings of Adjustment:
  1. Get the fit, appearance, or result you want with minor modifications or gestures.

Sentences of Adjustment
  1. I have made some adjustments in my diet

Synonyms of Adjustment

adaptation, adapting, accustoming, accommodation, accommodating, acclimatization, reconciliation, inurement, habituation, habituating, familiarization, acculturation, naturalization, assimilation, assimilating, harmonization

COLA:

Meanings of COLA:
  1. The taste of Everett chocolate drink is cola nut extract or similar.

  2. A small African green tree whose seeds (koala nuts) are grown in the tropics.

  3. Adjust the cost of living, increase wages, or increase the benefits of social protection to reduce inflation.

Sentences of COLA
  1. A can of hot glue