Dictionary of Legal Terms

Acceleration clause

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Definition
ID: 1173
A provision that allows a creditor to demand the entire remaining balance of an obligation at once if certain events of default occur.

Categories
Perbankan & Keuangan
Examples
  • Contoh: Perjanjian kredit sering memuat acceleration clause untuk melindungi kepentingan kreditur.
Synonyms
No synonyms.
Sources
  • Rujukan umum: perbankan, pembiayaan, dan pasar modal
Related terms
No related terms.
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