The cost for maintaining a certain standard of living within a particular state or country. This index changes drastically over time and the calculation itself is used to compare different countries and how much it may cost to live there.

Previous Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser