词汇 | escalator clause |
释义 | `1`escalator clause`2` "LAW.COM Dictionary": n. a provision in a lease or other agreement in which rent, installment payments or alimony, for example, will increase from time to time when the cost of living index (or a similar gauge) goes up. Often there is a maximum amount of increase ("cap") and seldom is there a provision for reduction if the cost of living goes down or for deflation instead of inflation. See also: cap |
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