ALL meanings of acceleration clause

ac·cel·er·a·tion clause
A a
  • noun acceleration clause a clause in a contract specifying that certain obligations will become due immediately in the event of a breach of contract, etc 3
  • noun acceleration clause a provision of a mortgage, loan, or the like that advances the date of payment under certain circumstances. 1
  • noun acceleration clause (law) a provision in a contract that makes all obligations to be performed under the contract due immediately upon a specific occurrence, such as a breach. 0
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