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Escalator clause
(redirected from escalator clauses)

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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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25 percent and escalator clauses to cover inflation.
CITY GOVERNMENT ENGINEERS WARN OF ROLLING STRIKES by Daily News (Los Angeles, CA)
After the last set of fuel increases three years ago, some carriers built in escalator clauses into their contracts, but Switzer says, other reluctant operators do not always pass their costs on to the shippers and pursue the proper compensation because of the competitive nature of the industry.
Death by fuel, insurance, taxes: decreasing margins force Northern ... by Ross, Ian / Northern Ontario Business
Escalator clauses, such as inflation indexes, are now commonplace on the Westside.
First quarter sees lull in L.A.'s real estate market by Davis, Joyzelle / Los Angeles Business Journal
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