- Acceleration of payment
- تعجيل الدفع
English-Arabic economic glossary.
Acceleration of payment
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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 — An acceleration clause, in the law of contracts, is a term that fully matures the performance due from a party upon a breach of the contract. Such clauses are most prevalent in mortgages and similar contracts to purchase real estate in… … Wikipedia
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 clause — A provision or clause in a mortgage, note, bond, deed of trust, or other credit agreement, that requires the maker, drawer or other obligor to pay part or all of the balance sooner than the date or dates specified for payment upon the occurrence… … Black's law dictionary
acceleration clause — A provision or clause in a mortgage, note, bond, deed of trust, or other credit agreement, that requires the maker, drawer or other obligor to pay part or all of the balance sooner than the date or dates specified for payment upon the occurrence… … Black's law dictionary
acceleration of maturity — The shortening of the time for the payment ofa note or the payment of money called for by a contract. 11 Am J2d B & N §§ 179 et seq; 17 Am J2d Contr § 337. Making all instrument to become due and payable prior to the maturity date stated therein… … Ballentine's law dictionary
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 Covenant — A clause included in certain debt securities and swap agreements stating that the immediate collection of payment and termination of contract will take place should any number of clauses being violated by the borrower including default or a… … Investment dictionary
acceleration clause — noun a provision in a contract that makes all obligations to be performed under the contract due immediately upon a specific occurrence, such as a breach Joe was mortified to learn that his failure to make a scheduled car payment triggered an… … Wiktionary
