What is another word for escalator clause?
Pronunciation: [ˈɛskɐlˌe͡ɪtə klˈɔːz] (IPA) 
An escalator clause is an agreement or provision that ensures the automatic increase of something based on specific circumstances or conditions. This clause is commonly used in business, finance, and legal agreements to adjust prices, rents, wages, or other rates periodically. Synonyms for an escalator clause can be various terms such as step-up clause, acceleration clause, price acceleration clause, inflation clause, cost of living adjustment, indexation, or automatic price adjustment. Typically, an escalator clause is designed to protect parties from inflation, economic conditions, and market changes, providing security and stability in long-term contracts. Moreover, an escalator clause can be a mutually beneficial way of ensuring businesses and individuals can sustain growth and development.
