Meaning Of The Word Escalator clause
What's the definition of Escalator clause? Find Escalator clause meanings, definitions and more at the Real Dictionary online.
Escalator clause Meaning
| Escalator clause Definition |
|---|
What's The Definition Of Escalator clause?
escalator clause in American English
a clause in a contract providing for increases or decreases in wages, prices, etc. based on fluctuations in the cost of living, production costs, etc. noun: 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 escalator clause in British English noun: 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 |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Snake's head ‐ noun; noun: a European fritillary plant, Fritillaria…
- Carry coals to Newcastle ‐ to take something to a place where its kind exists…
- Adsorbate ‐ a gas, liquid, etc. taken up by adsorption; noun:…
- Lay person ‐ countable noun: A lay person is a person who is…
- Pang ‐ A pang is a sudden strong feeling or emotion…
- Unanticipatedly ‐ adverb: in an unanticipated or…
- Lifetime member ‐
- Ice rink ‐ countable noun: An ice rink is a level area of…
- Leavening ‐ a substance used to make baked goods rise by the…
- Kwacha ‐ the basic monetary unit of:; noun: a cupronickel…