What is the definition of Escalator clause? | Dictionary.net

ESCALATOR CLAUSE

\ˈɛskɐlˌe͡ɪtə klˈɔːz], \ˈɛskɐlˌe‍ɪtə klˈɔːz], \ˈɛ_s_k_ɐ_l_ˌeɪ_t_ə k_l_ˈɔː_z]\

Definitions of ESCALATOR CLAUSE

2006 - WordNet 3.0
2011 - English Dictionary Database

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a clause in a contract that provides for an increase or a decrease in wages or prices or benefits etc. depending on certain conditions (as a change in the cost of living index)

2006 - WordNet 3.0
By Princeton University

a clause in a contract that provides for an increase or a decrease in wages or prices or benefits etc. depending on certain conditions (as a change in the cost of living index)

2011 - English Dictionary Database
By DataStellar Co., Ltd

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