acceleration clause

noun

: a clause (as in a loan agreement) that accelerates the date of payment in full under specified circumstances (as default by the debtor)

Dictionary Entries Near acceleration clause

accelerated depreciation

acceleration clause

accept

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Cite this Entry

“Acceleration clause.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/acceleration%20clause. Accessed 30 Nov. 2024.

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