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Definitions for: Escalator [n] a stairway whose steps move continuously on a circulating belt
[n] 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)
Webster (1913) Definition: Es"ca*la`tor, n. [NL. Cf. Escalade.]
A stairway or incline arranged like an endless belt so that
the steps or treads ascend or descend continuously, and one
stepping upon it is carried up or down; -- a trade term.
Synonyms: escalator clause, moving staircase, moving stairway
See Also: article, clause, staircase, stairs, stairway, steps
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