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 Glossary   >   O   >   "Overadvance" Definition   

        Overadvance

When a company obtains a loan in order to increase their inventory prior to an expected increase in sales volume.

Overadvance


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Overadvance - When a company obtains a loan in order to increase their inventory prior to an expected increase in sales volume.


Overadvance : when a company obtains a loan in order to increase their inventory prior to an expected increase in sales volume.