Home >  Term: indexation
indexation

Keeping pace with inflation. In many countries, wages, pensions, unemployment benefits and some other sorts of income are automatically raised according to recent movements in the consumer price index. This allows these different sorts of income to retain their value in real terms.

0 0

Creator

  • summer.l
  •  (Silver) 607 points
  • 100% positive feedback
© 2024 CSOFT International, Ltd.