word
loan-to-value ratio
LOHN too VAL-yoo RAY-shee-oh
loʊn tuː ˈvæljuː ˈreɪʃioʊListen
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Syllable breakdown
loantovalueratio
Dictionary meaning
ratio of a mortgage loan to the appraised value of the property; lenders use LTV to assess risk, with higher ratios indicating greater risk
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