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
Additional Related Terms: 10-K, 52-week low, Adjusted balance method, Account balance, Agent bank, Average daily balance, Average daily balance method, Accrual of discount, After-tax basis, Amortization of premium