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.
Red Cloud was one of the most important leaders of the Oglala Lakota. He led from 1868 to 1909. One of the most capable Native American opponents that the United States Army faced in its mission to subdue the western territories, he led a successful campaign in 1866â1868 known as Red Cloud's War over control of the Powder River Country in northeastern Wyoming and southern Montana. The largest action of the war, the Fetterman Fight, was the worst military defeat suffered by the US on the ...