What is the meaning of cost-of-living benefit?

noun

  • A benefit that goes to anyone whose money receipts increase automatically as prices rise. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). cost-of-living benefit. Retrieved October 2, 2026, from http://smartdefine.org/cost-of-living_benefit/definitions/1242703
ChicagoWordNet. 2010. "cost-of-living benefit" http://smartdefine.org/cost-of-living_benefit/definitions/1242703 (accessed October 2, 2026).
HarvardWordNet 2010, cost-of-living benefit, Smart Define, viewed 2 October, 2026, <http://smartdefine.org/cost-of-living_benefit/definitions/1242703>.
MLAWordNet. "cost-of-living benefit" 23 October 2010. Web. 2 October 2026. <http://smartdefine.org/cost-of-living_benefit/definitions/1242703>