escalator clause Antonyms

No Synonyms and anytonyms found

Meaning of escalator clause

Wordnet

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)

escalator clause Sentence Examples

1. The escalator clause in the contract allowed for adjustments in the rent based on changes in the cost of living.
2. The union negotiated an escalator clause to ensure that wages kept pace with inflation.
3. The escalator clause in the loan agreement allowed the interest rate to adjust based on changes in the prime rate.
4. The escalator clause in the lease agreement allowed for rent increases based on increases in property taxes and insurance premiums.
5. The escalator clause in the pension plan allowed for increases in benefits based on inflation.
6. The escalator clause in the supply contract allowed for price increases based on increases in the cost of raw materials.
7. The escalator clause in the government contract allowed for price increases based on increases in labor costs.
8. The escalator clause in the construction contract allowed for price increases based on increases in the cost of materials.
9. The escalator clause in the maintenance contract allowed for price increases based on increases in the cost of parts and labor.
10. The escalator clause in the service contract allowed for price increases based on increases in the cost of labor and materials.

FAQs About the word escalator clause

What is the meaning of the word escalator clause

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

What are the synonyms of the word escalator clause

No synonyms found.

What are the antonyms of the word escalator clause

No antonyms found.

What is the usage of word escalator clause

The escalator clause in the contract allowed for adjustments in the rent based on changes in the cost of living.

The union negotiated an escalator clause to ensure that wages kept pace with inflation.

How to use the word escalator clause in a sentence?

The escalator clause in the loan agreement allowed the interest rate to adjust based on changes in the prime rate.

The escalator clause in the lease agreement allowed for rent increases based on increases in property taxes and insurance premiums.