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Escalator clause
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Escalator clause
A
Provision
of a
Contract
which calls for an increase in price in the event of an increase in certain costs. For example, an
Escalator clause
may specify that
Rent
due will increase with inflation. also called
Escalation clause
. opposite of
De-escalation clause
.
Related Terms: 11
Call
,
Contract
,
De-escalation clause
,
ECI
,
Escalation clause
,
Escalator clause
,
Flat
,
Inc.
,
PPO
,
Provision
,
Rent
Other Related Pages:
Category: Real_Estate
Starting With: E
Additional Related Terms:
Accelerated Cost Recovery System
,
Acquisition cost
,
Allowance for depreciation
,
Accrual of discount
,
Amortization of premium
,
Asked price
,
Asking price
,
At par
,
All or any part
,
At best