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Answer:
Acceleration
Explanation:
An acceleration clause is a contract stipulation that give power to a lender to necessitate a borrower to repay all of an outstanding loan if certain clauses are not met. An acceleration clause outlines the grounds that the lender can claim loan repayment and the repayment requirement.
This type of clauses are very popular in mortgage loans and it helps to reduce the risk of default for the lender. They are in most cases based on payment delinquencies but they can be utilized for other occurrences as well. In most cases, an acceleration clause will necessitate the borrower to instantly pay the full balance owed on the loan if any of the loan terms have been violated. With complete payment of the credit the borrower is relieved of any further interest payments and basically pays off the loan early at the time the acceleration clause is invoked.
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"The Crisis" written by Thomas Paine is a call to support the American cause.
