acceleration clause

noun

a provision of a mortgage, loan, or the like that advances the date of payment under certain circumstances.

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Nearby words

accelerant, accelerate, accelerated reader, accelerating universe, acceleration, acceleration clause, acceleration coefficient, acceleration of free fall, acceleration of gravity, acceleration principle, accelerationist

Origin of acceleration clause

First recorded in 1930–35

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019