Words / E / Business

escalator clause

noun/ˈɛskəleɪtə klɔːz/

C2CEFR level
82/100Rarity: very rare
TechnicalRegister

A contract provision that automatically raises pay in line with inflation or another index.

The three-year deal included an escalator clause tying rises to the cost-of-living index.

Topic: Human resources in Business 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 business words: Human resources