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Meaning & Definition of Escalator in English

English

Escalator

/ɛskəletər/

noun

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)

synonym:
  • escalator clause,
  • escalator

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

synonym:
  • escalator,
  • moving staircase,
  • moving stairway

Examples of using

If you try to defend the seniority-based corporate escalator these days all you'll get is flak from younger employees.