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.
Mowad was a young lieutenant aboard the aircraft carrier USS Forrestal (CV 59) on July 29, 1967, when a stray Zuni rocket from an F-4 Phantom, triggered by stray voltage, set off a chain of events that left 134 dead and more than 300 injured.