Tag: AD
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Advance Rate
Definition of Advance rateThis is the meaning of Advance rate published by Marco Terry: he percentage of the invoice that will be advanced. On average, most factors advance between 70% and 85% of the gross value of the invoice.
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Adjustable-rate Mortgage
Adjustable-rate Mortgage (ARM) in the Context of Mortgage RefinancingsIn this context, a definition of Adjustable-rate Mortgage (ARM) may be distilled, worded as follows: A mortgage that does not have a fixed interest rate. The rate changes during the life of the loan based on movements in an […]
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Advance
Definition of AdvanceThis is the meaning of Advance published by Marco Terry: This is the amount of money that the factoring company advances to your company when they buy the invoice. The advance is often a percentage of the gross value of the invoice and is wired shortly after the invoice is […]