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). Synonym: escalator clause.
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"Escalator" Quotes from Famous Books — Null-ABC • Henry Beam Piper and John Joseph McGuire |
Words linked to "Escalator" : stairway, clause, article, moving staircase, escalator clause, staircase |
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