escalator clause

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.

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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

Thesaurus

Noun

1.

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

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escalator clause n → clausola di indicizzazione or di revisione