LTV (EN)

noun

noun “LTV”

1. (in finance) Loan-To-Value, the ratio between the amount borrowed in a loan and the value of the asset it is used to purchase
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   The bank required them to have an LTV of less than 80% to approve the mortgage.
2. (in marketing) Lifetime Value, the total amount of money a customer is expected to spend with a company during their relationship
   By improving customer service, the company hoped to increase the LTV of its customers.
3. (in economics) Labor Theory of Value, the theory that the value of a product is determined by the labor required to produce it
   The professor explained how the LTV influenced classical economic theories.
4. (in computing) Long-Term Validation, a method of ensuring the continued validity of digital signatures over a long period
   For secure document storage, the IT department implemented LTV for all signed contracts.