escalator

(noun)

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)

Definition categories: communication, article, clause

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

Definition categories: man–made, staircase, stairway

Sentences with escalator as a noun:

- They agreed to a cost-of-living escalator.