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Managing my money
Managing my money

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Managing My Money Glossary

Glossary of terms used in Managing My Money.

Monday, 15 April 2024, 4:49 PM
Site: Open Learning
Course: Managing my money (MMM_1)
Glossary: Managing My Money Glossary

Liquid assets

Those assets that can be quickly converted into cash.

Loan-to-value (LTV)

A measure of a loan (or mortgage) as a proportion of the lender's valuation of the property on which the loan (or mortgage) is secured.