82,927
edits
Acceleration: Difference between revisions
Jump to navigation
Jump to search
no edit summary
Amwelladmin (talk | contribs) (Created page with "A delinquent counterparty, borrower, or other miscreant can “default” on a contractual obligation without (necessarily) incurring the full, balls-out wrath of his...") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 3: | Line 3: | ||
The process of taking that action: declaring an [[event of default]] or terminating a {{tag|contract}} is called “[[acceleration]]”. | The process of taking that action: declaring an [[event of default]] or terminating a {{tag|contract}} is called “[[acceleration]]”. | ||
Becomes quite important when considering concepts like [[cross | Becomes quite important when considering concepts like [[cross acceleration]] and [[cross default]]. Knowing what you know about acceleration from this article, can you guess what the difference might be? | ||