COLACOLA /ˈkəʊlə/ noun 
(cost of living adjustment) in the US, an increase to people's wages or social security and welfare payments to prevent them being affected by inflation (=the gradual rise in the price of goods etc)
(cost of living adjustment) in the US, an increase to people's wages or social security and welfare payments to prevent them being affected by inflation (=the gradual rise in the price of goods etc)