Meaning advance rate
What does advance rate mean? Here you find 6 meanings of the word advance rate. You can also add a definition of advance rate yourself
1 |
0
0
advance rateDefinition The maximum amount of advances that will be made to a company, as a percentage of the value of some collateral.
|
2 |
0
0
advance rateSpeed of advance of a pipe jack or other trenchless installation through the ground, generally expressed as either millimetres per minute or metres per day.
|
3 |
0
0
advance rateAs part of the invoice finance facility the factor or discounter pre-agrees an advance rate which will be paid on each factored or discounted invoice.
|
4 |
0
0
advance rateThe percentage advanced against the approved Sales Ledger - also known as initial percentage (IP%) or pre-payment (PP%).
|
5 |
0
0
advance rateAn agreed percentage of eligible debts available for you to draw down.
|
6 |
0
0
advance rateThe percentage of the invoice that will be advanced. On average, most factors advance between 70% and 85% of the gross value of the invoice.
|
| << advance pricing arrangement | advance ruling >> |
Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!
Add meaning
Please help and add a word. All sort of words are welcome!