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Escalator clause
(redirected from escalation clause)

    Also found in: Dictionary/thesaurus, Legal, Wikipedia, Hutchinson 0.07 sec.
Escalator clause
Provision in a contract allowing cost increases to be passed on. In an employment contract, for example an escalator clause may call for wage increases in line with inflation.


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There has been more than one lease agreement which has had its escalation clause, or pro rata billing formula modified so as to conform to the inflexibility of a packaged program.
Management programs: next stop, India? by Maltz, John / Real Estate Weekly
Soon after, I became well acquainted with the concept of the escalation clause, the inspections waiver, the failed bid, and generally competing like gladiators for any property deemed livable and available.
Home sick: the addictive allure of Home and Garden Television by Green, Joshua / Washington Monthly
and in their contracts with oil companies the price escalation clauses are benchmarked to indexes that we [ucg] generate.
UCG's spins off second IT firm this year by marshall, jim / The Newsletter on Newsletters
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