Meaning of triple lock | Babel Free
Definitions
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A policy whereby the state pension is increased every year to match either price inflation, earnings growth, or a third fixed rate, whichever is highest. UK
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The requirement for approval by the Irish government, the Dáil (parliament), and the United Nations prior to any overseas military action by Irish defence forces. Ireland, informal
Examples
“He refused to rule out changes to the pensions triple lock and said a new windfall tax on energy profits was on the table.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.