Understanding the meaning of escalator clause - BoostVocab

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escalator clause

/'ɛskə,leɪtər_klɔz/

Synonyms of escalator clause Antonyms of escalator clause Examples of escalator clause Usage of escalator clause Parts of escalator clause Definition that contains escalator clause Words sounding like escalator clause Explanation of escalator clause

noun
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)
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Similar:

escalator

type of:
article clause

Explanation of escalator clause

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