Acceleration Clause
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Definition
An acceleration clause is a provision in a contract that allows the creditor to demand immediate payment of the entire outstanding balance if the debtor fails to meet certain obligations.
Class Relationships
Parent(s)
Is Defined By
N/A
See Also
None
Children 1
Translations
Class Hierarchy Visualization
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Additional Information
Metadata
Comment
None
Description
None
Notes
- • None
Editorial Information
History Note
None
Editorial Note
None
Identifier
N/A
Deprecated
No
Source and Origin
No source or origin information available