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employment rate (EO, J2)<br />The proportion of the LABOUR FORCE employed. This alternative to the unemployment rate is used to estimate the level of demand in a national economy.<br /><em>See also:</em> activity rate; labour force participation rate
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acceleration clause (GO)<br />A clause in many mortgage agreements making the PRINCIPAL and interest immediately payable on the occurrence of an event such as failure to make payments on time or to keep a covenant.
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