cost-of-living benefit

1. 1.

   a benefit that goes to anyone whose money receipts increase automatically as prices rise

   Broaderbenefit

Questions about cost-of-living benefit

What does cost-of-living benefit mean?

cost-of-living benefit means "a benefit that goes to anyone whose money receipts increase automatically as prices rise".

Is cost-of-living benefit a common word?

cost-of-living benefit is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.