escalator clause

1. 1.

   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)

   Synonymsescalator

   Broaderarticle

Questions about escalator clause

What does escalator clause mean?

escalator clause means "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)".

What is another word for escalator clause?

Close synonyms include escalator. Each sense on this page lists its own synonyms, because a word with several meanings rarely has one substitute that works for all of them.

Is escalator clause a common word?

escalator clause is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.