Definition of escalator clause in English:

escalator clause

Line breaks: es¦cal|ator clause
(also escalation clause)


  • A clause in a contract that allows for a rise in wages or prices under certain conditions.
    More example sentences
    • You could try inserting a materials-price escalation clause into contracts.
    • None of the contractors protected itself with a price escalation clause.
    • The contract price did not contain an escalation clause, although this would have been difficult with the daily fluctuations in livestock prices.

More definitions of escalator clause

Definition of escalator clause in:

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day coloratura
Pronunciation: ˌkɒlərəˈtjʊərə
elaborate ornamentation of a vocal melody