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Escalator clause Moderate

Escalator clause has 2 different meanings across 1 category:

Noun

Definitions
Noun
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)

2

A clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined.

Related Terms
Broader Terms (hypernyms)
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Rhyming Words
use cuse duse fuse euse ruse muse suse ause ouse zuse cause v use meuse kouse couse bouse druse mouse pause
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