Definition of Escalator clause
1. Noun. A clause in a contract that provides for an increase or a decrease in wages or prices or benefits etc. depending on certain conditions (as a change in the cost of living index).
Escalator Clause Pictures
Click the following link to bring up a new window with an automated collection of images related to the term: Escalator Clause Images
Lexicographical Neighbors of Escalator Clause
Literary usage of Escalator clause
Below you will find example usage of this term as found in modern and/or classical literature:
1. Oecd Glossaries Economics Glossary: Edition 2006-Glossaires de L'Ocde by Oecd (2006)
"... de révision] cost of living escalator clause clause d'indexation sur le coût de la vie ; clause d'échelle mobile [EMO] escalator Clause clause ..."
2. Canadian Transportation and Distribution Management (1869)
"The terms of any escalator clause must be clearly defined. The lowest or any tender not necessarily accepted. WM. ..."
3. Merriam-Webster's Dictionary of English Usage by Inc. Merriam-Webster (1994)
"Escalator was used in describing a provision in labor contracts—an “escalator clause”—allowing for increases in wages and prices to reflect increases in ..."
4. Forest Owners' Guide to the Federal Income Tax by William C. Siegel, William L. Hoover, Harry L. Haney, Jr., Karen Liu (1996)
"1.611-1(b)(1) Indian Creek Lumber Company Godbold Plant Ag. Handbook effect of escalator clause Huxford requirement that owner retain Sec. 631 (b) Regs. ..."
5. Mechanical World and Engineering Record (1881)
"... and long-term capital goods, and in the interim a ceiling should be placed on the escalator clause. books UK Trading Opportunities ¡,, Central America. ..."