COLA


Meaning of COLA in English

/koh"leuh/ , n.

an escalator clause, esp. in union contracts, that grants automatic wage increases to cover the rising cost of living due to inflation.

[ c ( ost ) o ( f ) l ( iving ) a ( djustment ) ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .