词汇 | Acceleration |
释义 | `1`Acceleration `2` "Legal Lexicon": ACCELERATION - A payee's right to demand immediate payment of an entire loan balance, including payments otherwise due at a future time, if a promisor defaults under a promissory note's terms. For example, a payee may require a repayment of all remaining installments if a promisor fails to make a regularly scheduled payment when due. |
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