Từ vựng:

accelerated redemption

Giải nghĩa:

/æksɛləˌreɪtɪd rɪˈdɛmpʃən/ – Phrase


Definition: việc trả hết nợ trước kì hạn.

A more throughout explanation: Accelerated redemption refers to the early repayment of a debt or financial obligation before its scheduled maturity date. This can be initiated by the borrower or the lender and typically involves paying off the remaining principal amount along with any accrued interest or fees.

Example: The accelerated redemption clause in the contract allows the lender to demand immediate repayment of the loan if the borrower defaults on their payments.

 

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