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indexation

[ in-dek-sey-shuhn ]

noun

, Economics.
  1. the automatic adjustment of wages, taxes, pension benefits, interest rates, etc., according to changes in the cost of living or another economic indicator, especially to compensate for inflation.


indexation

/ ˌɪndɛkˈseɪʃən /

noun

  1. the act of making wages, interest rates, etc, index-linked


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