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escalation |
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escalation [‚es·kə′lā·shən]
(industrial engineering) Provision in actual or estimated costs for inflational increases in the costs of equipment, materials, labor, and so on, over those specified in an original contract. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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