cost of living clause
cost of living clause 〈美〉生活费用保障条款 劳动合同以及养老金、退休金、残疾补助计划中的条款，规定将根据生活费用上涨水平而自动地提高工资及其他补助。该条款有时也出现在长期租赁合同中。生活费用和租金的调整通常依消费价格指数〔Consumer Price Index〕来确定。当然，这一条款也可能意味着工资、补助或租金的下调，但这种情况极为少见。
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COST-OF-LIVING CLAUSE
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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