Escalator-clause
noun
1.
a provision in a contract calling for adjustments, usually increases, in charges, wages, or other payments, based on fluctuations in production costs, the cost of living, or other variables.
noun
1.
a clause in a contract stipulating an adjustment in wages, prices, etc, in the event of specified changes in conditions, such as a large rise in the cost of living or price of raw materials
Read Also:
- Escalatory
[es-kuh-leyt] /ˈɛs kəˌleɪt/ verb (used with or without object), escalated, escalating. 1. to increase in intensity, magnitude, etc.: to escalate a war; a time when prices escalate. 2. to raise, lower, rise, or descend on or as if on an . /ˈɛskəˌleɪt/ verb 1. to increase or be increased in extent, intensity, or magnitude: to […]
- Escallonia
/ˌɛskəˈləʊnɪə/ noun 1. any evergreen shrub of the South American saxifragaceous genus Escallonia, with white or red flowers: cultivated for ornament
- Escallop
[e-skol-uh p, e-skal-] /ɛˈskɒl əp, ɛˈskæl-/ verb (used with object) 1. to bake (food cut into pieces) in a sauce or other liquid, often with crumbs on top; . 2. to bake (fish, potatoes, etc.) in shells. noun 3. . 4. Heraldry. a representation of a shell, traditionally associated with pilgrimages and crusades. /ɛˈskɒləp; ɛˈskæl-/ […]
- Escalope
[es-kuh-lohp; French es-ka-lawp] /ˌɛs kəˈloʊp; French ɛs kaˈlɔp/ noun, plural escalopes [es-kuh-lohps; French es-ka-lawp] /ˌɛs kəˈloʊps; French ɛs kaˈlɔp/ (Show IPA). French Cookery. 1. (def 5). 2. a dish of thinly sliced meat, fish, potatoes, etc., baked in a sauce and often topped with bread crumbs. /ˈɛskəˌlɒp/ noun 1. a thin slice of meat, usually […]
- Escalloped
[e-skol-uh p, e-skal-] /ɛˈskɒl əp, ɛˈskæl-/ verb (used with object) 1. to bake (food cut into pieces) in a sauce or other liquid, often with crumbs on top; . 2. to bake (fish, potatoes, etc.) in shells. noun 3. . 4. Heraldry. a representation of a shell, traditionally associated with pilgrimages and crusades. /ɛˈskɒləp; ɛˈskæl-/ […]