Advance Rate

Business, Legal & Accounting Glossary

Definition: Advance Rate


Advance Rate


Full Definition of Advance Rate


The maximum amount of advances that will be made to a company, as a percentage of the value of some collateral.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/advance-rate/
Modern Language Association (MLA):
Advance Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/advance-rate/.
Chicago Manual of Style (CMS):
Advance Rate. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/advance-rate/ (accessed: November 30, 2021).
American Psychological Association (APA):
Advance Rate. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/advance-rate/

Definition Sources


Definitions for Advance Rate are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.