escalator clause

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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.

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Also called, especially British, escalation clause .

Origin of escalator clause

An Americanism dating back to 1925–30

Words nearby escalator clause

Escadrille Américaine, escalade, escalate, escalation, escalator, escalator clause, escallonia, escallop, escalope, Escambia, Escanaba

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use escalator clause in a sentence

They would not, for example, supersede federal law regarding the Establishment Clause in the First Amendment.
A Field General in the War on Christmas|David Freedlander|December 24, 2014|DAILY BEAST
Sanford hits back at Sullivan, who “has certainly not lived up to this clause.”
Mark Sanford’s Epic Facebook Overshare|Olivia Nuzzi|September 12, 2014|DAILY BEAST
Weird as the theory is, invoking “quantum physics” is not an escape clause from obeying physical laws.
Dear NASA: Fuel-Free Rocket Thruster Is Literally Too Good to Be True|Matthew R. Francis|August 4, 2014|DAILY BEAST
There may even be a clause in her contract by which she has to agree to certain content restrictions.
Sarah Palin Is Perfect for ‘The View’|Dean Obeidallah|July 15, 2014|DAILY BEAST

But an aspect that is particularly troubling is that such a clause exists at all.
Sex Workers Deserve Health Care, Too|Tauriq Moosa|May 20, 2014|DAILY BEAST
He added that lessening clause, remembering, quite simply, how much more brilliant he was than Nigel.
Bella Donna|Robert Hichens
The Act contained another practical clause, designed to block the construction of lines from political considerations.
Fifty Years of Railway Life in England, Scotland and Ireland|Joseph Tatlow
An insurance policy may be assigned, though it usually contains a clause that the consent of the insurer is needful.
Putnam's Handy Law Book for the Layman|Albert Sidney Bolles
This clause was adopted, and James Madison for the first time attracted state-wide attention to his thinking and philosophy.
Hallowed Heritage: The Life of Virginia|Dorothy M. Torpey
Beardsley stepped onto the corridor slidewalk, coasted to the escalator and rode it down.
We're Friends, Now|Henry Hasse

British Dictionary definitions for escalator clause

escalator clause

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

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

escalator clause

Origin of escalator clause

Words nearby escalator clause

Words related to escalator clause

How to use escalator clause in a sentence

British Dictionary definitions for escalator clause