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 ?
Perhaps half a mile along the beach I became aware of one of my three Beast Folk advancing out of the landward bushes towards me.
Franz approached, the chief advancing several steps to meet him.
When some are seen advancing and some retreating, it is a lure.
At the old man's word and outstretched arm, the roll of the drum was hushed at once, and the advancing line stood still.
We are advancing now to some kind of confidence, and in short are likely to be engaged in a sort of platonic friendship.
That our principal movements were known to the First Born I could not have doubted, in view of the attack of the fleet upon us the day before, nor could the stopping of the pumps of Omean at the psychological moment have been due to chance, nor the starting of a chemical combustion within the one corridor through which we were advancing upon the Temple of Issus been due to aught than well-calculated design.

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