Words / E / Law

escalation clause

noun/ˌɛskəˈleɪʃn klɔːz/

C1CEFR level
60/100Rarity: rare
TechnicalRegister

A term permitting the contract price to rise in line with specified costs or an index.

An escalation clause tied the annual fee to the retail prices index.

Similar: indexation clause

Topic: Contracts in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Contracts