Definition of escalator clause in English:

escalator clause

(also escalation clause)

noun

A clause in a contract that allows for a rise in wages or prices under certain conditions.
Example sentencesExamples
- The contract price did not contain an escalation clause, although this would have been difficult with the daily fluctuations in livestock prices.
- With pricing uncertainty making hard-dollar contracts risky, industry associations are petitioning government agencies for relief through escalation clauses on new contracts.
- The agreement includes a 6 per cent escalator clause.
- None of the contractors protected itself with a price escalation clause.
- Mechanical contractors are also trying to add material-price escalator clauses to their contracts.
- You could try inserting a materials-price escalation clause into contracts.

Definition of escalator clause in US English:

escalator clause

nounˈeskəˌlādər klôz

A clause in a contract that allows for an increase or a decrease in wages or prices under certain conditions.
Example sentencesExamples
- None of the contractors protected itself with a price escalation clause.
- With pricing uncertainty making hard-dollar contracts risky, industry associations are petitioning government agencies for relief through escalation clauses on new contracts.
- Mechanical contractors are also trying to add material-price escalator clauses to their contracts.
- The contract price did not contain an escalation clause, although this would have been difficult with the daily fluctuations in livestock prices.
- The agreement includes a 6 per cent escalator clause.
- You could try inserting a materials-price escalation clause into contracts.

单词	escalator clause
释义	Definition of escalator clause in English: escalator clause (also escalation clause) noun A clause in a contract that allows for a rise in wages or prices under certain conditions. Example sentencesExamples The contract price did not contain an escalation clause, although this would have been difficult with the daily fluctuations in livestock prices. With pricing uncertainty making hard-dollar contracts risky, industry associations are petitioning government agencies for relief through escalation clauses on new contracts. The agreement includes a 6 per cent escalator clause. None of the contractors protected itself with a price escalation clause. Mechanical contractors are also trying to add material-price escalator clauses to their contracts. You could try inserting a materials-price escalation clause into contracts. Definition of escalator clause in US English: escalator clause nounˈeskəˌlādər klôz A clause in a contract that allows for an increase or a decrease in wages or prices under certain conditions. Example sentencesExamples None of the contractors protected itself with a price escalation clause. With pricing uncertainty making hard-dollar contracts risky, industry associations are petitioning government agencies for relief through escalation clauses on new contracts. Mechanical contractors are also trying to add material-price escalator clauses to their contracts. The contract price did not contain an escalation clause, although this would have been difficult with the daily fluctuations in livestock prices. The agreement includes a 6 per cent escalator clause. You could try inserting a materials-price escalation clause into contracts.
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