Read Short & Simple Definitions Of Complex Legal Terms
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.
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.
A business type that helps start up businesses to gain financial and physical resources. Accelerators may choose to work with businesses who have been rejected by venture capital firms or other investors due to poor development