Meaning of unaccelerate | Babel Free

Definitions

To undo or reverse the acceleration of

rare, transitive

Examples

“A class of claims or interests is impaired unless the plan⟳ does one of three things with respect⟳ to the claims or interests contained in the class?' “leaves unaltered the legal, equitable, and contractual rights” of the holders of claims or interests in the class; unaccelerates any acceleration by curing defaults, reinstating the original maturity of the claims contained in the class, compensating for any damages suffered as a result⟳ of the default, and not otherwise altering the claimants' legal, equitable or contractual rights.”

“Can the bankruptcy judge⟳ undo⟳ this and "unaccelerate" the mortgage debt?”

“Once a loan is accelerated, it's almost impossible to get⟳ the lender to "unaccelerate" and reinstate your old loan.”

CEFR level