Site Search
Main Real Estate Terms accelerate (a debt)

accelerate (a debt)

recognize the full amount of a loan to be due after certain default.


See alsoacceleration clause Related Terms: Dictionary of Real Estate Terms acceleration clause

provision contained in a bond indenture requiring that in an event of default any remaining interest and principal become immediately due and payable.

Copyright © 2004, 2000, 1997, 1993, 1987, 1984 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

accelerate (a debt)