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escalator

DEFINITIONS OF: escalator

1

n a clause in a contract that provides for an increase or a decrease in wages or prices or benefits etc. depending on certain conditions (as a change in the cost of living index)

Synonyms:
escalator clause
Type of:
article, clause
a separate section of a legal document (as a statute or contract or will)

n a stairway whose steps move continuously on a circulating belt

Synonyms:
moving staircase, moving stairway
Type of:
staircase, stairway
a way of access (upward and downward) consisting of a set of steps
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