escalator clause
noun1
Law 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.
noun
Law 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.
Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.
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