FT MarketWatch

Acceleration clause

A Provision that allows a Lender to Demand payment of the total outstanding Balance or Demand additional Collateral under certain circumstances, such as failure to make payments, bankruptcy, nonpayment of taxes on mortgaged Property, or the breaking of loan Covenant.

Related Terms: 16 Balance, Bankrupt, Break, Covenant, Collateral, Demand, Lend, Lender, Loan, Low, Lows, Mortgage, Outstanding, Property, Provision, Tax
Other Related Pages: Category: Lending_and_Credit Starting With: A
Semi Related Terms: 696 CLICK HERE TO VIEW