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Meaning of escalator clause | Babel Free

Noun CEFR B2

Definitions

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.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

escalator school Escalators escalefter Escalera escaline escallion

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