Business and Personal Finance Dictionary

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• ACCELERATED PAYMENT - The option to make higher repayments to pay off the loan faster.
  
  
• ACCELERATED REPAYMENT - An arrangement that lets the borrower pay off more of the loan than the minimum...
  
  
• ACCELERATED USE - Using more than your allotted yearly time for one vacation. For instance, you purchas...
  
  
• ACCELERATION - The right of the mortgagee (lender) to demand the immediate repayment of the mortgage lo...
  
  
• ACCELERATION CLAUSE - A clause used in an installment note and mortgage (or deed of trust), which gives...
  
  
• ACCELERATION ORDER - (USA) An order by the SEC declaring a registration statement effective (and thereb...
  
  
• ACCELERATION REQUEST - (USA) A letter (or in some cases, oral communication) to the SEC from both the i...
  
  
• ACCEPTANCE - a written agreement, usually in the form of a draft, in which one party, the drawee, accep...
  
  
• ACCEPTANCE LETTER - Informs a potential student that the college or university is offering admission. I...
  
  
• ACCESS - the right to enter and leave a tract of land from a public road, often used when an owners' pr...