acceleration clauses

English - Turkish

Definition of acceleration clauses in English Turkish dictionary

Related Terms

acceleration clause

(Ticaret) muacelliyet hükmü

acceleration clause

(Kanun) muacceliyet şartı

English - English

Definition of acceleration clauses in English English dictionary

plural form of acceleration clause

Related Terms

acceleration clause

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.

Hyphenation

ac·cel·e·ra·tion clauses

Turkish pronunciation

äkselıreyşın klôzız

Pronunciation

/ˌakˌselərˈāsʜən ˈklôzəz/ /ˌækˌsɛlɜrˈeɪʃən ˈklɔːzəz/