What does escalation clause mean?
Definitions for escalation clause
es·ca·la·tion clause
This dictionary definitions page includes all the possible meanings, example usage and translations of the word escalation clause.
Wikipedia
Escalation clause
An escalation clause is a clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined. An important example of this is a contract that adjusts for inflation.Escalation clauses are quite common in construction contracts to cover unexpected costs due to fluctuations in the prices for raw materials, fuel, and labor during the course of the construction project.
Numerology
Chaldean Numerology
The numerical value of escalation clause in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of escalation clause in Pythagorean Numerology is: 7
Translations for escalation clause
From our Multilingual Translation Dictionary
- விரிவாக்க விதிTamil
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"escalation clause." Definitions.net. STANDS4 LLC, 2024. Web. 13 May 2024. <https://www.definitions.net/definition/escalation+clause>.
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