Acceleration (law)
id:
acceleration-law-312-9353736
title:
Acceleration (law)
text:
Acceleration is defined in law as a shortening of the time period in which something is to take place. The concept of acceleration most often arises within the context of contract law. An acceleration clause, also known as an acceleration covenant, may be included within a contract, so as to fully mature the performance due from a party upon a breach of the contract, such as by requiring payment in full upon the contract if a borrower materially breaches a loan agreement. Acceleration clauses ar
brand slug:
wiki
category slug:
encyclopedia
description:
Legal term
original url:
https://en.wikipedia.org/wiki/Acceleration_(law)
date created:
date modified:
2023-06-30T01:30:43Z
main entity:
{"identifier":"Q60743872","url":"https://www.wikidata.org/entity/Q60743872"}
image:
fields total:
13
integrity:
14