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escalator clause

/ˈɛskəleɪtə klɔːz/

1 entry

phrase

/ˈɛskəleɪtə klɔːz/C1formallegal
  • ruПункт в контракте или соглашении, который позволяет автоматически корректировать заработную плату, цены или платежи на основе изменений в указанном индексе, таком как стоимость жизни или уровень инфляции.

A clause in a contract or agreement that allows for automatic adjustments of wages, prices, or payments based on changes in a specified index, such as the cost of living or inflation rate.

  1. Contractual price adjustmentC1formal

    A clause in a contract that allows for automatic increases or decreases in wages, prices, or payments based on changes in a specified index or condition.

    ruЭскалаторная оговорка

    • The rental agreement includes an escalator clause tied to the inflation rate.
    • The union negotiated an escalator clause to adjust salaries annually.
    • The contract's escalator clause triggered a price increase when raw material costs rose.