Home > Terms > English, UK (UE) > Acceleration clause

Acceleration clause

A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan or transfers title to another individual without informing the lender.

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  • Part of Speech: noun
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  • Industry/Domain: Real estate
  • Category: Mortgage
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