Treasury Glossary Definition (English)
Acceleration Clause Defined
The following is in context to Treasury, because it's common for a single word to have multiple meanings you will find additional research links near the bottom of the page.
"- a clause commonly included in mortgages and bonds that gives the holder the right to demand the entire outstanding balance be paid in the event of default. Without this clause, the mortgagee may have to file separate foreclosure suits as each installment of the mortgage debt falls due and is in default."
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Additional Acceleration Clause Definition Starting Points
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Expert Dictionary: Acceleration Clause
Dictionary: Acceleration Clause
