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| Definition Of: |
ACCELERATION CLAUSE
A provision normally found in a legal loan document, (mortgage contract) which requires the immediate payment of a specified debt when the principal fails to meet the terms and conditions of the note.
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BASSAM Finance Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 A: Page 1 of 10.
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