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The principle of acceleration, namely the idea that small changes in demand can produce large changes in output, is an older phenomenon which has been used since the early 1900s. Although Aftalion's 1913 paper seems to be the first appearance of the acceleration principle, [ 8 ] the essence of the accelerator framework could be found in a few ...
An acceleration clause is a section of a mortgage contract that can have big consequences: Namely, it can require you to pay off your entire mortgage at once. Even if you miss only one payment.
The legal provision in the loan agreement providing for the loan to be "called" is the "acceleration clause": once the buyer defaults, all future payments due under the loan are "accelerated" and deemed to be due and payable immediately. [1] Covenants may also be waived, either temporarily or permanently, usually at the sole discretion of the ...
An acceleration clause, also referred to as a “demand feature,” is a provision in your mortgage contract that allows the lender to require a full repayment of the loan.
An acceleration clause, also known as an acceleration covenant, may be included within a contract, so as to fully mature the performance due from a party upon a breach of the contract, such as by requiring payment in full upon the contract if a borrower materially breaches a loan agreement. [1] [2] Acceleration clauses are most prevalent in ...
The acceleration effect is the phenomenon that a variable moves toward its desired value faster and faster with respect to time. Usually, the variable is the capital stock. In Keynesian models, fixed capital is not in consideration, so the accelerator coefficient becomes the reciprocal of the multiplier and the capital decision degenerates to ...
Mortgage acceleration is the practice of paying off a mortgage loan faster than required by terms of the mortgage agreement. As interest on mortgages is compounded , early payments diminish the period needed to pay off the mortgage , and avoid a quotient of compounded interest.
The actress indicated that the song may have a strong emotional effect on the audience. "I don't know if you're ready for it," she said on the podcast. "I mean, I love the song and I remember when ...