acceleration clause

短语

[经] 提前偿付条款

词形变化

acceleration clauses 复数 acceleration clauses

释义与例句

n.
  1. 1.

    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

    法律

    Joe was mortified to learn that his failure to make a scheduled car payment triggered an acceleration clause requiring that the entire balance due on the car be paid immediately.