Words / L / Business

lifetime value

noun/ˈlaɪftaɪm ˈvæljuː/

B1CEFR level
30/100Rarity: fairly common
TechnicalRegister

The total net revenue a business expects to earn from a customer over the entire relationship.

A healthy SaaS business wants a lifetime value to acquisition cost ratio of at least three to one.

Similar: LTV, customer lifetime value

Topic: Advanced English in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Advanced English