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单词 escalator clause
释义

escalator clause

(also escalation clause)
noun
A clause in a contract that allows for a rise in wages or prices under certain conditions.You could try inserting a materials-price escalation clause into contracts....
  • None of the contractors protected itself with a price escalation clause.
  • The contract price did not contain an escalation clause, although this would have been difficult with the daily fluctuations in livestock prices.
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更新时间:2025/1/24 8:22:36