indexindex2 verb [transitiveT]1ECONOMICSFINANCE to arrange for the level of payments such as wages or PENSIONs to go up at the same rate as something else, usually pricesindex something to somethingTax exemptions should be indexed to the purchasing power of the pound.
2if an investment is indexed to something, for example a currency or a STOCK INDEX, its value rises and falls in relation to the currency etcThe yield of Ukrainian treasury bills is indexed to the value of the local currency, the hryvnia, in terms of the dollar.
—indexation noun [uncountableU]The government has so far resisted claims for a return to wage-price indexation despite a wave of strikes.