Advance Rate. The percentage of the value of collateral that a lender uses to determine the amount of a loan. For example, if one pledges a collateral worth $10,000, and the advance rate is 90%, the lender will only extend $9000 in credit. This may protect the lender from risks, such as depreciation on the collateral.
The Vietnam War Through the Eyes of a Child. In Winston Groom's Forrest Gump, the main character, Forrest Gump is involved in the Vietnam War. In the novel, he is mentally challenged and he sees everything somewhat differently then another individual might.
The kid from Forrest Gump has turned out to be a real-life hero. Michael Conner Humphreys, the child actor who played young Forrest Gump, has grown up to be just as brave as his loveable on-screen character. Just like Gump, he decided to join the US Army in 2004 and spent 18 months on a tour of duty in Iraq.