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February 15, 2018 by DVLaw

ACCELERATION PRINCIPLE

A concept that states that any fluctuation in demand of a good will also change the amount of wear and tear on the machinery required to make the good. This concept is also called accelerator principle.

February 15, 2018 by DVLaw

ACCELERATION LIFE INSURANCE

A policy that pays 25 percent of death benefits in the case of a medical emergency.

February 15, 2018 by DVLaw

ACCELERATION CLAUSE

A clause written into financial agreements that allows the lender to demand a full payment at any time. This is only done when the payer does not pay. It is also called a call clause or an act of bankruptcy.

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