acceleration clause — n: a clause (as in a loan agreement) that accelerates the date of payment in full under specified circumstances (as default by the debtor) Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. acceleration clause … Law dictionary
acceleration — I noun dispatch, expedition, expeditious performance, hastening, hurrying, increase of speed, quickening, shortening of time, speedup, spurt, stepping up a pace associated concepts: acceleration clause, acceleration doctrine, acceleration of a… … Law dictionary
acceleration — Making demand for payment in full for a debt that has not yet matured. Usually a remedy provided in a loan document for the lender to use in the event of default by the borrower. American Banker Glossary * * * accelerate ac‧cel‧e‧rate… … Financial and business terms
Acceleration Clause — A contract provision that allows a lender to require a borrower to repay all or part of an outstanding loan if certain requirements are not met. An acceleration clause outlines the reasons that the lender can demand loan repayment. Also known as… … Investment dictionary
acceleration clause — noun : a clause (as in a loan contract) providing for advancement of the date of payment under specified circumstances * * * a provision of a mortgage, loan, or the like that advances the date of payment under certain circumstances. [1930 35] * * … Useful english dictionary
acceleration — /əksɛləˈreɪʃən/ (say uhkseluh rayshuhn), /æk / (say ak ) noun 1. the act of accelerating; increase of speed or velocity. 2. the act or process of bringing something forward in time: the acceleration of the exam dates. 3. Physics the rate of… …
acceleration clause — a provision of a mortgage, loan, or the like that advances the date of payment under certain circumstances. [1930 35] * * * … Universalium
acceleration clause — A provision in a loan document stating that the entire amount of unpaid indebtedness owed to the lender may become immediately due and payable if the borrower defaults. American Banker Glossary A contract stating that the unpaid balance becomes… … Financial and business terms
Mortgage acceleration — is a term given to the practice of paying off a mortgage loan faster than required by terms of the mortgage agreement. As interest on mortgages is compounded, early payments diminish the period needed to pay off the mortgage, and avoid a quotient … Wikipedia
Collateral Allocation Mechanism Exchange — Collateral Allocation Mechanism (CAM) Exchange USA Provisions in certain loan agreements that protect lenders and investors who lend in multiple currencies, different legal jurisdictions and with collateral and guaranty arrangements that vary… … Law dictionary
CAM Exchange — Collateral Allocation Mechanism (CAM) Exchange USA Provisions in certain loan agreements that protect lenders and investors who lend in multiple currencies, different legal jurisdictions and with collateral and guaranty arrangements that vary… … Law dictionary