Advertising

Percentage advance

• The percent of the book value of the collateral that constitutes the principal of a secured loan.

 
 Embedded terms in definition
 Book value
Book
Collateral
Principal
Secured loan
Secured
 
 Related Terms
 Advance commitment
Annual percentage rate
Annual percentage yield

<< Percent retained to common equity Perfect capital market >>

Getting Your Finances Ready for Your Golden Years: If you're seriously considering retirement, you also should be seriously thinking about how to ensure that your financial life is as comfortable and stress-free as possible. Here are a few tips. More...

Life consists not in holding good cards but in playing those you hold well. - Josh Billings

Advertising



Copyright 2009-2018 GVC. All rights reserved.