411 REFERENCE · Wiktionary
Kaufkraftausgleich
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
German
Etymology
de :af Kauf<t:purchase> Kraft<t:power> Ausgleich<t:compensation/equalization>
de Kauf Kraft Ausgleich purchase power compensation/equalization
Pronunciation
de [ˈkaʊ̯fkʁaftˌʔaʊ̯sɡlaɪ̯ç]
de Kauf kraft aus gleich
Noun
m
de economics business cost-of-living allowance, purchasing power compensation an additional payment to employees or pensioners to compensate for higher prices at a specific location or due to inflation
de Für die Entsendung nach Tokio gewährt das Unternehmen einen großzügigen Kaufkraftausgleich. The company provides a generous cost-of-living allowance for the assignment to Tokyo.
Declension
m
Synonyms
de Teuerungszulage cost-of-living bonus
de Auslandszulage foreign assignment allowance; often includes but is not limited to KKA
de Inflationsausgleich inflation compensation; focuses on the temporal aspect
Antonyms
de Reallohnverlust real wage loss; occurs if compensation is missing
Coordinate terms
de Lebenshaltungskosten the costs of housing, food, etc., that necessitate the compensation
de Expatriate an employee working abroad receiving such payments
de Nettolohnoptimierung adjusting the net pay to maintain a specific standard of living
de Warenkorb the basis for calculating the necessary compensation
de Verbraucherpreisindex the index used to measure price changes
Related terms
de ausgleichen to compensate/balance
de Kaufkraftverlust loss of purchasing power