Words / L / Business

loan-to-value

noun/ləʊn tə ˈvæljuː/

C1CEFR level
70/100Rarity: rare
TechnicalRegister

The ratio of debt secured against a property to its appraised value.

Lenders tightened terms, capping loan-to-value at sixty percent on secondary offices.

Similar: LTV, gearing

Topic: Real estate & property 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: Real estate & property