loan value

noun Insurance.

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

Nearby words

  1. loan collection,
  2. loan council,
  3. loan office,
  4. loan shark,
  5. loan translation,
  6. loan word,
  7. loan-to-value,
  8. loanable,
  9. loanback,
  10. loanblend Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019