Home > Terms > Galician (GL) > cláusula aceleradora
cláusula aceleradora
A clause (often in mortgages or other loans) where some action will occur ahead of schedule as a result of some other action For example, an acceleration clause in a loan may mean that the full amount is due immediately if the debtor misses two monthly payments in a row
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- Part of Speech: noun
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- Industry/Domain: Accounting
- Category: Tax
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