cost-of-living allowancenoun [ C usually singular ]
uk/ˌkɒst.əvˈlɪv.ɪŋ əˌlaʊ.əns/us/ˌkɑːst.əvˈlɪv.ɪŋ əˌlaʊ.əns/an amount of money that an employee gets in addition to his or her normal pay, because the cost of living in a particular area is high:
Nurses working in the capital receive an additional 7.5 percent cost-of-living allowance.
Thesaurus: synonyms and related words
Grants & allowances
- all expenses paid idiom
- allowance
- benefit
- bursary
- civil list
- dearness allowance
- endowment
- expense account
- freeship
- fringe benefit
- housekeeping
- parachute payments
- redundancy payment
- scholarship
- stabilizer
- subsidize
- subsidy
- travel expenses
- unemployment
- unemployment benefit
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