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escalator clause

/'/E/sk/@/,l/eI/t/@/r_kl/O/z/

Definitions, examples, synonyms and antonyms from WordNet 3.0.

noun

  1. 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)

    noun.communication

    Source: WordNet 3.0

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