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The phrase "accelerating rate of default" is correct and usable in written English.
It can be used in financial contexts to describe an increasing frequency of defaults on loans or obligations over time.
Example: "The economic downturn has led to an accelerating rate of default among borrowers, raising concerns for lenders."
Alternatives: "increasing default rate" or "rising rate of defaults".
Exact(1)
An accelerating rate of default capped by the Sept. 11 terrorism led to a new wave of panic selling.
Similar(59)
Her team is "accelerating rates of evolution, not introducing new evolutionary innovation".
And when the new housing is complete, we're expecting an accelerated rate of positive change".
In contrast, W135E showed a modestly accelerated rate of apoptosis.
Four endosymbiont groups showed strong accelerated rates of evolution.
During the next decade, we saw the climate of Alaska continue to warm at an accelerating rate.
Robots are becoming part of industry, and our lives, at an accelerating rate.
Speaking of physics, just as the universe is expanding at an accelerating rate, so is inequality.
With most pension plans now underfunded, Mr. Hustead and some other actuaries fear that a reduction in contributions could increase the risk of defaults, at a time when companies are already defaulting on their pension plans at a greatly accelerated rate.
Since then, across the country, the rate of defaults has soared.
By taking away this choice, you're accelerating a rate of decline.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com