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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebCost-of-Living BenefitDefinition: A cost-of-living benefit is a form of compensation provided by employers to help employees offset the increased costs of goods and services due to inflation or rising living expenses. Sense 1 (Noun): Refers to an additional payment or allowance given to employees to ensure their income keeps up with the rising cost of living. Example sentence: The cost-of-living benefit provided by the company helped employees cope with the high housing prices in the city. Sense 2 (Noun): Relates to a benefit granted by the government or organization to ensure recipients can afford basic living expenses. Example sentence: Senior citizens rely on cost-of-living benefits to cover their healthcare and prescription medication costs. Sense 3 (Adjective): Describes a compensation package or employment perk that includes a cost-of-living benefit. Example sentence: The job offer came with an enticing salary package and cost-of-living benefits. Related products on Amazon: | ||||
cost-conscious cost-consciousness cost-containment cost-cutting cost-effective cost-effectiveness cost-efficient cost-of-living allowance cost-of-living benefit cost-of-living index cost-per- cost-per-action cost-per-click cost-per-clicks cost-per-thousand cost-plus cost-plus contract
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