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 classic literature ?
But there was another who had seen the pouch and recognized it, who did advance with Achmet Zek, hovering above him, as silent and as sure as death itself, and as the Arab, finding a little spot less overgrown with bushes than he had yet encountered, prepared to gloat his eyes upon the contents of the pouch, Tarzan paused directly above him, intent upon the same object.
Leaping from the tangled vegetation of the jungle's rim came a huge panther, with blazing eyes and bared fangs, and in his wake a score of mighty, shaggy apes lumbering rapidly toward them, half erect upon their short, bowed legs, and with their long arms reaching to the ground, where their horny knuckles bore the weight of their ponderous bodies as they lurched from side to side in their grotesque advance.
Tiring of the endless circling, Sheldon tried once more to advance directly on his foe, but the latter was too crafty, taking advantage of his boldness to fire a couple of shots at him, and slipping away on some changed and continually changing course.
In the mean time the old man continued to advance, until he had got nigh enough to make himself heard without difficulty.
Feeling that it was too late to retreat, he profited by the confusion which prevailed among them, while Weucha was explaining his character, to advance, until he was again face to face with the redoubtable Mahtoree.
In the mean time the friends of the old man continued to advance.
When he saw that all were ready, Mahtoree gave the signal to advance.
It has been delightful to me to watch his advances towards intimacy, especially to observe his altered manner in consequence of my repressing by the cool dignity of my deportment his insolent approach to direct familiarity.
Bob Martie, senior vice president and regional managing director of leasing, Advance Realty Group, commented, "Obtaining site approvals for Advance at Southgate is the next step forward in repositioning this Class A facility.
Taxpayers and the IRS often had different views on how to apply these tests to advance payments.
Although applications for the advance EITC (through the filing of Form W-5) are likely to be coordinated through a company's human resources (or personnel) department, the tax department may well play an important role in ensuring compliance with the law.
Advance Nanotech also announces that the Company reported a net loss for 2006 of approximately $12.