Advance Rate. The percentage of the value of collateral that a lender uses to determine the amount of a loan. For example, if one pledges a collateral worth $10,000, and the advance rate is 90%, the lender will only extend $9000 in credit. This may protect the lender from risks, such as depreciation on the collateral.
The Vietnam War Through the Eyes of a Child. In Winston Groom's Forrest Gump, the main character, Forrest Gump is involved in the Vietnam War. In the novel, he is mentally challenged and he sees everything somewhat differently then another individual might.
The defeat at Nashville effectively destroyed the Army of Tennessee as a fighting force and Hood resigned his command on January 13, 1865. The victory secured Tennessee for the Union and ended the threat to Sherman's rear as he advanced across Georgia. Selected Sources. 1  Battle of Nashville.