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escalator clause
(redirected from escalation clause)

    Also found in: Legal, Financial, Wikipedia, Hutchinson 0.01 sec.
escalator clause
n.
A provision in a contract stipulating an increase or a decrease, as in wages, benefits, or prices, under certain conditions, such as changes in the cost of living.
escalator clause
n
(Business / Industrial Relations & HR Terms) a clause in a contract stipulating an adjustment in wages, prices, etc., in the event of specified changes in conditions, such as a large rise in the cost of living or price of raw materials
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.escalator clause - 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)
escalator
clause, article - a separate section of a legal document (as a statute or contract or will)
Translations
escalator clause
n → Gleitklausel f
escalator clause n → clausola di indicizzazione or di revisione
escalator clause n → clausola di indicizzazione or di revisione


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? Mentioned in ? References in periodicals archive
 
There has been more than one lease agreement which has had its escalation clause, or pro rata billing formula modified so as to conform to the inflexibility of a packaged program.
Management programs: next stop, India? by Maltz, John / Real Estate Weekly
Soon after, I became well acquainted with the concept of the escalation clause, the inspections waiver, the failed bid, and generally competing like gladiators for any property deemed livable and available.
Home sick: the addictive allure of Home and Garden Television by Green, Joshua / Washington Monthly
and in their contracts with oil companies the price escalation clauses are benchmarked to indexes that we [ucg] generate.
UCG's spins off second IT firm this year by marshall, jim / The Newsletter on Newsletters
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