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English definition of “accelerated payment”

accelerated payment

noun [U]
 
 
FINANCE a situation where someone is forced to pay a loan back earlier than originally arranged because there is a risk that they may not be able to pay it back later: Following further falls in the airline's shares, its creditors are demanding accelerated payment of its $500 million debt.
(Definition of accelerated payment from the Cambridge Business English Dictionary © Cambridge University Press)
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