cost of living clause

cost-of-living clause. A provision (as in a contract or lease) that gives an automatic wage, rent, or benefit increase tied in some way to cost-of-living rises in the economy. • A cost-of-living clause may also cover a decrease, though this is rare. See INFLATION. [Cases: Landlord and Tenant 200. 7.]
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法律翻译Terence,毕业于欧洲顶尖的高级翻译学院,专注翻译各类与房地产与土地使用诉讼有关的法律文件。
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