cost-of-living bonus


cost-of-living bonus
/kɒst-əv-ˈlɪvɪŋ ˌboʊnəs/ (say kost-uhv-'living .bohnuhs)

noun
a bonus, paid to some workers, the sum of which depends on the rise in the cost of living as shown in the cost-of-living index.

Australian English dictionary. 2014.

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