loan-to-value (LTV) ratio

What is loan-to-value (LTV) ratio?

loan-to-value (LTV) ratio definition and meaning on Finance terms:
The ratio of the amount borrowed to the appraised value or market value of the underlying collateral, usually taken into consideration in relation to loans for real estate financing. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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