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2006-06-19 08:22:42 · 1 answers · asked by Stratomanssy 5 in Business & Finance Other - Business & Finance

1 answers

A provision in a bond indenture or loan agreement that puts the borrower in default if the borrower defaults on another obligation.

Also known as "cross acceleration".

2006-06-19 09:14:47 · answer #1 · answered by just_the_facts_ma'am 6 · 1 1

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