acceleration clause

English - Turkish

Definition of acceleration clause in English Turkish dictionary

(Ticaret) muacelliyet hükmü

(Kanun) muacceliyet şartı

English - English

Definition of acceleration clause in English English dictionary

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

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 must be paid immediately.

Related Terms

acceleration clauses

plural form of acceleration clause

Hyphenation

ac·cel·e·ra·tion clause

Turkish pronunciation

äkselıreyşın klôz

Pronunciation

/ˌakˌselərˈāsʜən ˈklôz/ /ˌækˌsɛlɜrˈeɪʃən ˈklɔːz/