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.
Forrest Gump is a fictional character who first appears in the 1986 novel by Winston Groom. Forrest Gump also appeared on screen in the 1994 film of the same name directed by Robert Zemeckis. Forrest was portrayed as a child by Michael Humphreys and portrayed as an adult by Tom Hanks, who won an Academy Award for the role. The portrayal of Forrest in the novel is notably different from the portrayal in the film. He later reappears in the 1995 sequel novel Gump and Co. In 2008, Forrest Gump was named the 20th greatest movie character of all time by Empire magazine. In the film, Forrest is portrayed essentially as a heroic character who faces a variety of setbacks and misfortunes yet maintains a compassionate and forward-looking attitude.