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To pay money or give something of value before the date designated to do so; to provide capital to help a planned enterprise, expecting a return from it; to give someone an item before payment has been made for it.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


n. a type of loan in which payment is made before it is legally due, such as before shipment is made, a sale is completed or a note is due to be paid.

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.


1 to lend money to someone; a loan of money.
2 to make a payment before it is lawfully due; in the law of trusts, trustees may advance capital under an express power or under legislation to a beneficiary who has a vested or contingent interest in the capital of the trust. Advancements under the legislation may be up to half the beneficiary's expectant share and are subject to the consent of the holder of any prior interest.
Collins Dictionary of Law © W.J. Stewart, 2006
References in periodicals archive ?
3-point showdown advancers: Josh Steinhaus (Libertyville) 14, Matt Gallender (Deerfield) 10, Danny Siegel (Deerfield) 10, Jack Fortmann (Grayslake Central) 10.
The advancers outnumbered declining stocks on the Tadawul; as for 53 percent stocks that gained, 37 percent ended lower and 10 percent remained unchanged.
Market breadth was negative as decliners pummeled advancers, 106 to 84, while 53 stocks were unchanged.
Decliners outnumbered advancers, 82 to 77, while 46 issues were unchanged.
Decliners were led by insurance, banking and utility sectors while advancers included textile, paper and pulp and mining companies.
Decliners topped advancers 597 to 230, while 65 others ended unchanged.
There were 124 decliners that outnumbered 86 advancers while 46 stocks were unchanged.
All in all, decliners pummeled advancers, 103 to 88, while 57 stocks were unchanged.
Decliners were led by banking, consumer financing and land transport companies while advancers included fisheries and forestry, textile and precision machinery sectors.
Decliners decked advancers 677 to 187 with 31 others ending unchanged.
There were 115 decliners that edged out 96 advancers, while 47 stocks were unchanged.

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