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escalator provision

См. также в других словарях:

  • 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 — Provision in a contract allowing cost increases to be passed on. In an employment contract, for example an escalator clause may call for wage increases in line with inflation. Bloomberg Financial Dictionary * * * escalator clause escalator clause …   Financial and business terms

  • escalator — I. noun Etymology: from Escalator, a trademark Date: 1900 1. a. a power driven set of stairs arranged like an endless belt that ascend or descend continuously b. an upward course suggestive of an escalator < a never stopping escalator of economic …   New Collegiate 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 — A contract provision allowing for one to pass an increase in costs to another party. Escalator clauses are usually related to influences beyond both parties control, such as inflation. Also known as an escalation clause . Escalation clauses allow …   Investment 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

  • provision — Synonyms and related words: TLC, abundance, accommodation, accordance, accumulation, amassment, anticipation, arrangement, award, awarding, backlog, basic training, bestowal, bestowment, board, boundary condition, bread, bread and butter,… …   Moby Thesaurus

  • 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 — A power driven moving stairway, used in department stores, airports, underground parking places, banks, office buildings, etc., made up of interconnected platforms and risers, usually of grooved metal, normally inclined at an angle of about 45… …   Ballentine's law dictionary

  • clause — n. group of words with a subject and predicate 1) a conditional; dependent, subordinate; independent, main; nonrestrictive; relative; restrictive; verbless clause provision article 2) (esp. AE) a grandfather clause ( a clause that exempts those… …   Combinatory dictionary

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