Business / Human Resources (HR) / Cost Of Living Adjustment (COLA): An annual adjustment in wages to offset a change in purchasing power, as measured by the Consumer Price Index. The Consumer Price Index is used rather than the Producer Price Index because the purpose is to offset inflation as experienced by the consumer, not the producer.
Adjustment Noun Synonyms: adjusting, altering, alteration, setting, regulating, regulation, setting or putting right or aright or to rights, correcting, correction, calibrating, calibration, tuning
Cost Noun Synonyms: sell for, get, fetch, bring in, set (someone) back
Cost Verb Synonyms: price, outlay, payment, charge, expense, expenditure, rate, tariff
Business / Finance / Payoff Diagram: In option pricing, a graph of the value of the option position at expiration as a function of the underlying asset price. MORE
Business / Agriculture / Payments In Lieu Of Taxes (PILT): A program administered by the Bureau of Land Management of the Department of the Interior to compensate counties for the tax-exempt status of federal lands: the fixed payments per entitlement acre (on MORE
Business / Human Resources (HR) / Pay Adjustment: Any change made to the pay rate of an employee, such as an increase or decrease to the rate of pay. 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