escalator clause

noun

Definitions

  1. A clause in a lease or contract that guarantees a change in the agreement price once a…

    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.

The neighborhood

Vish — recursive loop

No curated loop yet for escalator clause. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA