escalator (n.)

  1. a clause in a contract that provides for an increase or a decrease in wages or prices or benefits etc. depending on certain conditions (as a change in the cost of living index)

    [ Syn: escalator clause ]

  2. a stairway whose steps move continuously on a circulating belt

    [ Syn: moving staircase , moving stairway ]

The dictionary is based on the WordNet Electronic Lexical Database.
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