Nolo's Plain-English Law Dictionary
Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
- Escalator Clause
- Provision in a lease or other agreement which provides for an increase (in rent, installment payments, alimony, or some other financial payment) when the cost of living index (or a similar gauge) goes up. Often there is a maximum amount or cap on the increase.