acceleration
A2CEFR level
10/100Rarity: common
TechnicalRegister
The lenders' exercise of their right, on default, to declare the loan immediately due and payable before its scheduled maturity.
Following the covenant breach the agent issued a notice of acceleration on the majority lenders' instructions.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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