English dictionary
escalator clause meaning and definition
Definition and meaning of escalator clause at MeaningMonkey.org. escalator clause meaning and definition in the English Dictionary.ESCALATOR CLAUSE noun
Definition 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)
- synonyms: escalator
Source: Princeton University Wordnet