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escalator clause (0 synonym found)
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Definition of escalator clause:
(n) :
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)
Definition of escalator clause:
(n) :
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)
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