escalator clause

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English[edit]

Noun[edit]

escalator clause (plural escalator clauses)

English Wikipedia has an article on:
Wikipedia
  1. (law) A clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined.
Retrieved from "https://en.wiktionary.org/w/index.php?title=escalator_clause&oldid=46475096"