| 词汇 | acceleration clause |
| 释义 | `1`acceleration clause `2` "DUHAIME'S ONLINE LEGAL DICTIONARY" A clause in a contract that states that if a payment is missed, or some other default occurs (such as the debtor becoming insolvent), then the contract is fully due immediately. This is a typical clause in a loan contract; miss one payment and the agreement to pay at regular intervals is voided and the entire amount becomes due and payable immediately. |
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