from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A scale in which indicated prices, taxes, or wages vary in accordance with another factor, as wages with the cost-of-living index or medical charges with a patient's income.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun A pricing scheme for a product or service were a price range is set and the customer is charged based on where their financial resources fall within the price range
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a wage scale that fluctuates in response to the cost-of-living index
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