Advertisement
Advertisement
acceleration clause
noun
- a provision of a mortgage, loan, or the like that advances the date of payment under certain circumstances.
Discover More
51Թ History and Origins
Origin of acceleration clause1
First recorded in 1930–35
Discover More
Example Sentences
Examples have not been reviewed.
Acceleration clause requires a loan to be repaid immediately under certain conditions.
From
It included an acceleration clause, meaning the balance came due at the time of a breach.
From
His worry is that if the country defaults, it could trigger what is known as an acceleration clause.
From
Advertisement
Advertisement
Advertisement
Advertisement
Browse