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acceleration clause

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noun
a provision of a mortgage, loan, or the like that advances the date of payment under certain circumstances.
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“Was” is used for the indicative past tense of “to be,” and “were” is only used for the subjunctive past tense.

Origin of acceleration clause

First recorded in 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2022

How to use acceleration clause in a sentence

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