loan value

loan value definition - business

loan value

  1. The amount that can be borrowed on a cash-value life insurance policy.
  2. The maximum amount that may be borrowed using a specific asset as collateral. The Federal Reserve specifies the loan value for securities purchased on margin.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.