See Also: Acceleration clause(finance)
Acceleration Clause(money)
acceleration(dictionary)
Acceleration(medicine)
acceleration(encyclopedia)
acceleration(dictionary)
centripetal acceleration(encyclopedia)
Acceleration Request(money)
radial acceleration(medicine)
linear acceleration(medicine)

mahogany (iou) and Acceleration Clause (money)


mahogany (iou)



mahogany noun & adjective. M17.
[Origin unkn.]
A. noun.
a. The hard, fine-grained, chiefly reddish-brown wood of a W. Indian and Central American tree, Swietenia mahagoni (family Meliaceae), often used for furniture. Also, the colour of this wood when polished; a rich reddish brown. M17.
b. The tree itself. M18.
A Cornish drink made of gin and treacle; slang a strong mixture of brandy and water. L18.
transf. Any of various trees, esp. (Austral.) eucalypts, with hard reddish-brown timber like mahogany; spec. (Austral.) the jarrah, Eucalyptus marginata. Also, the wood of these trees. Usu. with specifying word. L18.
African mahogany, forest mahogany, Natal mahogany, swamp mahogany, etc.
a. A table, esp. a dining-table. arch. colloq. M19.
b. = BAR noun1 19. colloq. M20.
Comb.: mahogany birch US = mountain mahogany (a) s.v. MOUNTAIN noun.
b. adjective.
Made of mahogany. M18.
Of the colour of polished mahogany; rich reddish-brown. M18.

Acceleration Clause (money)


Definition: Provision authorizing a lender to call a debtor's obligation due or demand additional collateral. An acceleration clause is one of those terms found buried in the fine print of a loan agreement. The Definition: loan agreement should spell out the specific events that will trigger acceleration of payment (fraud, bankruptcy, selling the company, or breaking loan covenants are just a few examples).

Definition: [crh] A contract stating that the unpaid balance becomes due and payable if specific actions transpire, such as failure to make interests paymDefinition: ents on time.