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in•dex•a•tion



Pronunciation: (in"dek-sā'shun), [key]
n. Econ.
the 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.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

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