escalator clause English

Meaning escalator clause meaning

What does escalator clause mean?

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)

Synonyms escalator clause synonyms

What other words have the same or similar meaning as escalator clause?

escalator clause English » English

escalator

wage escalation clause

escalation clause

cost escalation clause

adjustment clause