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loan value

American  

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.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

When Abdullah filed a complaint with Jordan’s office, the bank eventually agreed to increase the loan value to $160,000, and Abdullah sold.

From Seattle Times • Oct. 14, 2022

The bank had already provisioned for over 80% of the total loan value which will now be transferred to J.C.

From Reuters • Sep. 9, 2022

It would also increase the maximum loan value from $5 million to $10 million, and increase the government guarantee to 95%.

From Washington Times • Feb. 12, 2021

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.

From Salon • Oct. 2, 2020

The government provides a seven-year taxpayer guarantee to the lender covering 15% of the loan value.

From BBC • Oct. 13, 2013

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