indexation Econ.
(ɪndɛkˈseɪʃən)
[f. index v. + -ation.]
An adjustment in rates of payment in money (e.g. wage-rates, bond prices, etc.) to reflect changes in the value of money by means of an index of such changes. Cf. index n. 9 e.
| 1960 Spectator 29 Apr. 602 The system of ‘indexation’ by which wages and prices rose in an officially sponsored spiral. 1972 Times 22 July 16/3 If the current rate of inflation continues it will be essential to introduce some form of indexation into the capital gains tax system. 1973 Daily Tel. 10 Feb. 31/1 The most likely form of control is by ‘indexation’ of business leases, which would mean that business rents would be able to rise no faster than the wholesale price index, the cost of living index or such index as the Government cares to regard as a fair indicator of the trend of inflation. |