A loan in advance of sales that enables a company's management to build its inventory prior to peak sales periods.
Related information about overadvance:
- Overadvance Definition | Investopedia
An overadvance is used to build inventory prior to a peak sales period. The loan amount taken out by the company temporarily exceeds its (borrower's) accounts ...
- Overadvance - Financial Dictionary - The Free Dictionary
A short-term loan that a company takes out in order to buy more material for its inventory immediately before a period of increased sales. A company uses an ...
- What is overadvance? definition and meaning
Definition of overadvance: A loan in advance of sales that enables a company's management to build its inventory prior to peak sales periods.
- Overadvance: Definition from Answers.com
Overadvance When a company obtains a loan in order to increase their inventory prior to an expected increase in sales volume.
- 470 F.3d 1249
Sep 27, 2006 ... The credit agreement required Nebraska Beef to pay an extra fee for each overadvance. Over the next two years, Nebraska Beef sought three ...
- here - Otterbourg, Steindler, Houston & Rosen
Block exceeds a preset amount, an “Overadvance” will have occurred. Certain ... failure to pay the Excess Overadvance despite written demands for payment in ...
- Glossary - Milberg Factors - Information Center
Borrowing arrangements may also include Overadvance Lines (see below). Advance Factoring – This is a factoring arrangement that allows the client to borrow ...
- EASTERN HOLDING CORPORATION vs. CONGRESS FINANCIAL ...
Specifically, Congress contends that the seventh loan was a so-called " overadvance facility," the balance of which was equivalent to the amount by which the ...