Loan-to-value (LTV)
LendingLoan-to-value (LTV) is a measure used by lenders to evaluate the risk of giving a loan. It compares the amount of the loan to the value of the asset being used as collateral.
- Definition
- Loan-to-value (LTV) is a measure used by lenders to evaluate the risk of giving a loan. It compares the amount of the loan to the value of the asset being used as collateral.
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