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Từ vựng:

acceleration clause

Giải nghĩa:

/ˌækˌsɛləˈreɪʃən ˌklɔz/ – Noun


Definition: Điều khoản tăng tốc.

A more thorough explanation: a clause in a contract, usually a loan agreement, requiring the borrower to make full payment sooner than originally agreed upon the occurrence of an event stated in the contract

Example: Many courts uphold acceleration clauses in commercial leases that require tenants to pay the rest of the rent due for the remainder of the lease term if the tenant breaches the lease.

 

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