Acceleration clauses are terms in loan agreements that require the borrower to pay off the loan immediately if certain conditions are met.
Acceleration Clause
n. this is a term used in law of contracts (for mortgages and real estate) which stands for full maturing of the performance due from a party upon a breach of one of the contract terms or non payment of one of the installations.
Acceleration Clause:
Any clause in a contract which spells out that when certain actions are taken, the clause comes into effect.
Acceleration clause
A clause in a contract that states that if a payment is missed, or some other default occurs (such as the debtor becoming insolvent), then the contract is fully due immediately.
ACCELERATION CLAUSE In a mortgage, note, bond, etc., that requires the debtor to pay all or part of the balance sooner than the date specified for payment upon occurrence of event or circumstance described in the contract.
Expanded Legal Definition of Ab AbsurdoAcceleration Clause A clause in a contract that states that if a payment is missed, or some other default occurs (such as the debtor becoming insolvent), then the contract is fully due immediately.
 See also: Clause, Acceleration, Law, Contra, Contract
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