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单词 acceleration clause
释义

Definition of acceleration clause in English:

acceleration clause

noun
Finance Law
  • A provision in a loan agreement, mortgage, etc., that stipulates the immediate repayment of a debt to the lender upon breach of contract.

Origin

Late 19th century; earliest use found in Irish Law Times & Solicitors' Journal.

 
 

Definition of acceleration clause in US English:

acceleration clause

noun
Finance Law
  • A provision in a loan agreement, mortgage, etc., that stipulates the immediate repayment of a debt to the lender upon breach of contract.

Origin

Late 19th century; earliest use found in Irish Law Times & Solicitors' Journal.

 
 
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更新时间:2024/9/22 6:56:03