advance


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Advance

Increase in the market price of stocks, bonds, commodities, or other assets.

Advance

1. To increase in price, especially for a security. If a stock's price is $10 per share at the start of the trading day and $15 at the end, the stock is said to have advanced.

2. To make a payment before it is due to the payee. For example, an employer may advance an employee part of his/her paycheck the week before pay day so the employee may make a needed payment. If this happens, the amount of the employee's paycheck is reduced by the amount of the advance.

advance

An increase in the price of a security.

advance

In construction financing,to disburse money from the allowable total amount of a loan in order to pay bills currently due,or to pay the builder or developer according to a previously agreed upon schedule of payments.Typically,a certain percentage will be advanced upon approval of plans and drawings,another amount at completion of all clearing and grubbing,at the end of final grading, when the structure is in the black (the roof decking has been completed), and then again at completion and final inspection.

References in periodicals archive ?
In particular, advance payments for non-services (and often, for combinations of services and non-services) do not qualify for deferral .
456 election is in effect); or (8) any combination of these items when a payment is received in advance of services or goods provided.
If workers are planning to get married or expect a large increase in income during the year, they should ask their employer to stop putting advance EITC payments in their paychecks.
Workers who receive advance payments during the year must file a tax return after the end of the year and include the total amount received in advance payments.
Judging from the success of Advance at Bridgewater II, which was 95 percent leased before completion, we anticipate the demand for Bridgewater III to be just as strong.