From Longman Dictionary of Contemporary Englishcolaco‧la /ˈkəʊlə $ ˈkoʊ-/ ●●○ noun [countable, uncountable] DFDa brown sweet soft drink, or a bottle, can, or glass of this drink a can of colaCOLACOLA /ˈkəʊlə/ noun (cost of living adjustment) in the US, an increase to people's wages or social security and welfare payments to prevent them being affected by inflation (=the gradual rise in the price of goods etc)From Longman Business DictionaryCOLACOLA /ˈkəʊləˈkoʊlə/ abbreviation for COST OF LIVING ADJUSTMENTOrigin cola (1900-2000) Coca-Cola