cost of allowance

cost of allowance
addition to wages due to an increase in the cost of living

English contemporary dictionary. 2014.

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  • allowance — al‧low‧ance [əˈlaʊəns] noun 1. [countable] an amount of money that someone is given regularly or for a special reason: • She earns a package worth $1 million, including a $15,000 clothing allowance. ˌcost of ˈliving alˌlowance [countable] HUMAN… …   Financial and business terms

  • Cost of Living Allowance — (COLA) is a United States military entitlement given to military servicemen and women living in high cost areas or stationed overseas. It is intended to compensate servicemembers for the high cost of living at certain duty stations.How It… …   Wikipedia

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  • cost of living allowance — ➔ allowance * * * cost of living allowance UK US noun [C] (ABBREVIATION COLA) ► ECONOMICS, HR extra money that some people receive from their employer, for example, because they work in an area that is very expensive, or because prices have… …   Financial and business terms

  • cost of living, the — noun the amount of money you need in order to pay for basic things such as food, clothes, shelter, heating, and transportation ╾ ,cost of living adjective: a cost of living allowance …   Usage of the words and phrases in modern English

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  • Allowance (money) — An allowance is an amount of money set aside for a designated purpose.Because money is ever a scarce and valuable commodity, the general concept of one person who has the authority to decide what to spend it on (that is, who has the power of the… …   Wikipedia

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