TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

PRICE ESCALATION CLAUSE [1 record]

Record 1 2010-11-30

English

Subject field(s)
  • Law of Contracts (common law)
  • Financial and Budgetary Management
  • Foreign Trade
DEF

A clause in a contract that states that price adjustments will be made in the event changes occur in major cost components of the contract such as fuel, labor, equipment and materials.

Key term(s)
  • price-escalation clause
  • price-adjustment clause
  • cost-escalation clause

French

Domaine(s)
  • Droit des contrats (common law)
  • Gestion budgétaire et financière
  • Commerce extérieur
DEF

Clause d'un contrat qui indique qu'un prix ou une autre valeur ou quantité pourra être augmenté dans le cas où certaines conditions se réaliseraient.

Spanish

Campo(s) temático(s)
  • Derecho de contratos (common law)
  • Gestión presupuestaria y financiera
  • Comercio exterior
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