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advance ratio

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advance ratio
n Aeronautics
1. (Engineering / Aeronautics) the ratio of wind speed along the axis of a rotor or propeller to the speed of the blade tip
2. (Engineering / Aeronautics) the ratio of forward flight speed to the speed of the rotor tip of a helicopter
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stated, "PANACO is pleased with the Foothill agreement which allows a higher advance ratio for proved undeveloped reserves and believes it will enable PANACO to develop its existing planned projects which are expected to be very accretive to shareholders.
PANACO Inc. Announces New 60 Million Dollar Revolving Credit Facility by Business Wire
The credit agreement, which will be secured by, among other things, the accounts receivable, finished goods inventory and stock of the company's German subsidiary, improves the company's borrowing availability by increasing the advance ratios and extends the maturity of the company's financing.
Chic by H.I.S, Inc. Announces Increase in Credit Facility by Business Wire
Additionally, borrowing base eligibility requirements and advance ratios have been increased, providing the company with added borrowing availability.
Gehl extends term of credit facility with lower interest rates; ... by Business Wire
 
 
 
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