escalator clause is a provision of an agreement that provides for automatic adjustments in payments based on an economic index that neither party to the agreement controls. Typical escalator clauses provide for increases in wages based on increases in the cost of living index, or higher rent or other charges based on high fuel or maintenance costs.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). escalator clause. Retrieved September 24, 2026, from http://smartdefine.org/escalator_clause/definitions/1153127 |
| Chicago | Barry Goldsmith. 2010. "escalator clause" http://smartdefine.org/escalator_clause/definitions/1153127 (accessed September 24, 2026). |
| Harvard | Barry Goldsmith 2010, escalator clause, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/escalator_clause/definitions/1153127>. |
| MLA | Barry Goldsmith. "escalator clause" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/escalator_clause/definitions/1153127> |