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acceleration clause
noun
- a provision of a mortgage, loan, or the like that advances the date of payment under certain circumstances.
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˜yÐÄvlog History and Origins
Origin of acceleration clause1
First recorded in 1930–35
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Example Sentences
Examples have not been reviewed.
Acceleration clause requires a loan to be repaid immediately under certain conditions.
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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.
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