Home > Terms > English, UK (UE) > Acceleration
Acceleration
The right of the mortgagee (lender) to demand the immediate repayment of the mortgage loan balance upon the default of the mortgagor (borrower) or by using the right vested in the Due on Sale Clause.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking; Real estate
- Category: Mortgage; Mortgage
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
Industry/Domain: Natural environment Category: Earthquake
2012 Indian Ocean earthquake
On 11 April 2012 an undersea earthquake struck near the Indonesian province of Aceh measuring at a magnitude of 8.6. There were initial fears that it ...
Contributor
Featured blossaries
rufaro9102
0
Terms
41
Blossaries
4
Followers
The Vampire Diaries Characters
Category: Entertainment 2 13 Terms
Browers Terms By Category
- Cooking(3691)
- Fish, poultry, & meat(288)
- Spices(36)
Culinary arts(4015) Terms
- Bridge(5007)
- Plumbing(1082)
- Carpentry(559)
- Architecture(556)
- Flooring(503)
- Home remodeling(421)
Construction(10757) Terms
- Railroad(457)
- Train parts(12)
- Trains(2)
Railways(471) Terms
- Home theatre system(386)
- Television(289)
- Amplifier(190)
- Digital camera(164)
- Digital photo frame(27)
- Radio(7)
Consumer electronics(1079) Terms
- Cables & wires(2)
- Fiber optic equipment(1)