A termination assembly (28) for an elevator belt (16) includes a termination body (40) and a fixed wedge (48) secured to the termination body (40) and having a plurality of fixed wedge surfaces (52). A moving wedge (56) is located in the termination body (40) and has a plurality of moving wedge surfaces (60) interactive with the fixed wedge surfaces (52). When an elevator belt (16) is inserted into the termination body (40) between the moving wedge (56) and the termination body (40) and a tension load is applied to the elevator belt (16), the moving wedge surfaces (60) are urged to move relative to the fixed wedge surfaces (52) to apply a contact pressure to the elevator belt (16) thus retaining the elevator belt (16) at the termination body (40).