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escalator clause Definition

☆ escalator clause

noun

a clause in a contract providing for increases or decreases in wages, prices, etc. based on fluctuations in the cost of living, production costs, etc.

escalator clause Finance Definition

A paragraph in a contract that sets the terms for regular price increases. Escalator clauses may be found in labor contracts. Such a clause also may be part of a long-term supply contract, in which case the clause provides for regular price increases to the seller or allows the seller to pass along increased prices of raw materials or goods.

Browse dictionary entries near escalator clause

  1. ‹ escalator
  2. ‹ escalation
  3. ‹ escalate
  4. ‹ escalade
  5. ‹ escadrille
  6. ‹ ESC
  7. ‹ Esbjerg
  8. ‹ Esau
  9. ‹ -es
  10. ‹ es-
  1. escallonia ›
  2. escallop ›
  3. escapade ›
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  5. escape artist ›
  6. escape mechanism ›
  7. escape velocity ›
  8. escaped ›
  9. escapee ›
  10. escapement ›