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under-
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Also available:
World English Dictionary
Dictionnaire Français
underadvance
un·der·ad·vance
(
plural
un·der·ad·vanc·es
)
noun
Definition:
finance
loan for less than collateral allows:
a loan of an amount less than the percentage of the value of the collateral stipulated in the loan agreement
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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