escalation clause


escalation clause
escalator clause or escalation clause noun
A clause in an agreement allowing for adjustment up or down according to change in circumstances, as in cost of material in a work contract or in cost of living in a wage agreement
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Main Entry:escalate

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escalation clause,
= escalator clause. (Cf.escalator clause)

Useful english dictionary. 2012.

Look at other dictionaries:

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  • escalation clause — UK US noun [C] COMMERCE, LAW ► ESCALATOR CLAUSE(Cf. ↑escalator clause) …   Financial and business terms

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  • escalation clause — /ɛskəˈleɪʃən klɔz/ (say eskuh layshuhn klawz) noun a provision in a contract allowing for adjustments up or down under specific economic conditions, as in the cost of living in a wage agreement. Also, escalator clause …   Australian English dictionary

  • escalation clause — /ˌeskə leɪʃ(ə)n klɔ:z/ noun same as escalator clause …   Marketing dictionary in english

  • escalation clause — /ˌeskə leɪʃ(ə)n klɔ:z/ noun same as escalator clause …   Dictionary of banking and finance

  • escalation clause — See escalator clause …   Black's law dictionary

  • escalation clause — See escalator clause …   Black's law dictionary

  • De-Escalation Clause — An article in a contract that calls for a price decrease if there is a decrease in certain costs. For example, a de escalation clause may stipulate that maintenance fees will be reduced if the item being maintained depreciates in value. A de… …   Investment dictionary

  • price escalation clause — /ˌpraɪs eskə leɪʃ(ə)n klɔ:z/ noun a clause in a contract that permits the seller to raise prices if its costs increase …   Marketing dictionary in english