cost-of-living escalator

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• escalator — noun /ˈɛs.kə.leɪ.tə,ˈɛs.kə.leɪ.tɚ/ a) A motor driven mechanical device consisting of a continuous loop of steps that automatically conveys people from one floor to another. They agreed to a cost of living escalator. b) An upward or progressive… …   Wiktionary

• escalator clause — es·ca·la·tor clause / es kə ˌlā tər / n 1: a clause in a contract that provides for an increase in the amount of the payments made under the contract to reflect an increase in costs or the raising of a government imposed cap on costs 2: a clause… …   Law dictionary

• escalator clause — ☆ escalator clause n. 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 …   English World dictionary

• escalator clause — In union contract, a provision that wages will rise or fall depending on some standard like the cost of living index. In lease, provision that rent may be increased to reflect increase in real estate taxes, operating costs, and even increases in… …   Black's law dictionary

• escalator clause — In union contract, a provision that wages will rise or fall depending on some standard like the cost of living index. In lease, provision that rent may be increased to reflect increase in real estate taxes, operating costs, and even increases in… …   Black's law dictionary

• escalator clause — 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) • Syn: ↑escalator • Hypernyms: ↑article, ↑clause …   Useful english dictionary

• escalator clause — 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. Also called, esp. Brit., escalation clause. [1925 30,… …   Universalium

• escalator clause — es′calator clause n. bus a provision in a contract calling for adjustments, usu. increases, in charges, wages, or other payments, based on fluctuations in production costs, the cost of living, or other variables …   From formal English to slang

• escalator clause — / eskəleɪtə klɔ:z/ noun a clause in a contract allowing for regular price increases because of increased costs, or regular wage increases because of the increased cost of living …   Marketing dictionary in english

• escalator clause — / eskəleɪtə klɔ:z/ noun a clause in a contract allowing for regular price increases because of increased costs, or regular wage increases because of the increased cost of living …   Dictionary of banking and finance

• Inflation-escalator clause — A clause in a contract providing for increases or decreases in inflation based on fluctuations in the cost of living, production costs, and so forth. The New York Times Financial Glossary …   Financial and business terms