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.
In the 1994 motion picture Forrest Gump, the eponymous Tom Hanks character states that he was named after his ancestor General Nathan Bedford Forrest. In keeping with the film's Gump character portrayal throughout, his naivete is conveyed as not knowing of the Klan as a racist group, but rather a club that rode horses and dressed up as ghosts.