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escalator clause
(redirected from escalation clauses)

    Also found in: Legal, Financial, Wikipedia 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
 
Escalation clauses, which were intended to keep a rental rate current with inflation and market increases, were a significant cause of the most current trend of having no CPI escalation.
CPI escalations: the evolution of an index by Maltz, John / Real Estate Weekly
contracts contain annual price escalation clauses, instead of de-escalation guarantees or targets;
Looking for cost improvement? Try the low hanging fruit in purchasing by Dominiak, Ken / Modern Casting
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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