Acceleration

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Acceleration

A hastening; a shortening of the time until some event takes place.

A person who has the right to take possession of property at some future time may have that right accelerated if the present holder loses his or her legal right to the property. If a life estate fails for any reason, the remainder is accelerated.

The principle of acceleration can be applied when it becomes clear that one party to a contract is not going to perform his or her obligations. Anticipatory Repudiation, or the possibility of future breach, makes it possible to move the right to remedies back to the time of repudiation rather than to wait for the time when performance would be due and an actual breach would occur.

acceleration

n. 1) speeding up the time when there is vesting (absolute ownership) of an interest in an estate, when the interest in front of it is terminated earlier than expected; 2) in a contract or promissory note when the payment of debt is moved up to the present time due to some event like non-payment of an installment or sale of the property which secures the debt. (See: acceleration clause, vest)

References in periodicals archive ?
India Accelerator recognizes the importance of building a growth-oriented start-up ecosystem, and through its initiatives such as the IA Seed Programme, Campus and Corporate Connect and multiple co-working spaces, it aims to focus the start-ups on further developing their product, team and market, refining their business model, achieving product/market fit, and scaling the start-up into a high growth business.
At the early stages preceding the launch of "Haramain Technology Accelerator", Badir held a training camp for participants in "Hajj Hackathon".
Swarm64 has demonstrated impressive performance gains on the Alveo U200 accelerator card and we expect even greater acceleration results from Swarm64 on Alveo U250 and U280 cards very soon.
What This Delivers: Combined with Intel Vision products such as Intel CPUs with integrated graphics, these new edge accelerator cards allow businesses the choice and flexibility of price, power and performance to meet specific requirements from camera to cloud.
Operationalizing a corporate accelerator as a component of an open innovation strategy requires addressing the potential conflicts between corporations and startups and leveraging convergences.
The company noted the number of users of its NUGU service has also increased rapidly, reaching 3 million a month in the first quarter of this year According to a report issued in March by US market researcher Tractica, the scale of the global market of AI chipsets including AI accelerators is expected to be about $66 billion in 2025.
The accelerator programs are shaking up the insurance sector by connecting carriers to insurtechs and startup technology, providing them with access to disruptive technologies such as artificial intelligence, mobile technology, the internet of things, big data and blockchain.
Peter Mousaferiadis, CEO, Cultural Infusion, part of the 2016-2017 WISE Accelerator cohort, said: "Being part of the Accelerator program has provided us with a platform for international visibility and allowed us to forge new partnerships."
The company has been chosen for its Mobility Tech Accelerator. It is one of the 11 start-ups selected out of hundreds of applicants in the accelerator's program.
The main components of various types of accelerator are greatly different; therefore, the action mechanisms are also far from the same.
Furthermore,ask the accelerator if you're going to be getting a good deal on legal, financial, consulting and other services.

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