Business / Human Resources (HR) / Cost Of Living: The amount of money needed to buy the goods and services required to maintain a specific standard of living. The cost of living is closely tied to rates of inflation and deflation. In estimating such costs, food, clothing, rent, fuel, lighting, and furnishings as well as expenses for communication, education, recreation, transportation, and medical services are generally included. The Consumer Price Index (CPI), a measurement of the cost of living prepared by the U.S. Bureau of Labor Statistics, tracks changes in retail prices of an average "market basket." Changes are compared to prices in a previously selected base year, from which figures the percentage increase or decrease in the cost of living can be calculated.
Cost Verb Synonyms: price, outlay, payment, charge, expense, expenditure, rate, tariff
Cost Noun Synonyms: sell for, get, fetch, bring in, set (someone) back
Business / Finance / Penultimate Profit Prospect (PPP): The second-lowest-priced of the ten highest-yielding stocks in the Dow Jones Industrial Average that is said (by authors O'Higgins and Downes) to be the Dow stock with the best possibility of outperfo MORE
Business / Finance / Pecking-Order View (Of Capital Structure): The argument that external financing transactions costs, especially those associated with the problem of adverse selection, create a dynamic environment in which firms have a preference, or pecking-or MORE