| / English Dictionary |
ESCALATOR CLAUSE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
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)
Synonyms:
escalator; escalator clause
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("escalator clause" is a kind of...):
article; clause (a separate section of a legal document (as a statute or contract or will))
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