the act of making wages, interest rates, etc, index-linked
WordReference Random House Unabridged Dictionary of American English © 2026
in•dex•a•tion
(in′dek sā′shən),USA pronunciation n. [Econ.]
- Economics, Businessthe automatic adjustment of wages, taxes, pension benefits, interest rates, etc., according to changes in the cost of living or another economic indicator, esp. to compensate for inflation.
- index + -ation
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