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loan value

noun

, Insurance.
  1. the highest amount of money that can be borrowed against a life-insurance policy, based on the cash value of the policy.


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Example Sentences

Kushner Companies also loaded more debt on the properties than is usual for similar loans, with the loan value for the 16-loan deal climbing to 69% of the properties’ worth.

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petrichor

[pet-ri-kawr]

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