Business Dictionary :
Living



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Living : noun : cost of living = money which a person has to pay for rent, food, heating, etc.


Cost-of-Living Index = way of measuring the cost of living which is shown as a percentage increase on the figure for the previous year

  • He does not earn a living wage = he does not earn enough to pay for essentials (food, heat, rent)

    • Standard of Living = quality of personal home life (amount of food, cloths bought, size of the family car, etc.)


    Living Standards = quality of personal home life (amount of food, cloths bought, size of the family car, etc.)

  • Living standards fell as unemployment rose.


    NOTE : no plural



































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