An acceleration clause allows the date of maturity of an instrument to be extended to some time in the future.

Name: An acceleration clause allows the date of maturity of an instrument to be extended to some time in the future.
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An acceleration clause allows the lender to demand immediate payment of the entire outstanding balance of a loan if certain events occur, such as the borrower defaulting on their payments. It does not extend the date of maturity to a later time.

An Acceleration Clause Allows the Date of Maturity of an Instrument