escalation clause
Definition
A provision of a contract which calls for an increase in price in the event of an increase in certain costs. For example, an escalation clause may specify that rent due will increase with inflation. opposite of de-escalation clause.
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Related Terms
de-escalation clause, escalator clause
'escalation clause
' appears in the definitions of these other terms on BusinessDictionary.com
tax participation clause, escalator clause
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