Managing My Money Glossary
Glossary of terms used in Managing My Money.
Monday, 29 April 2024, 3:21 PM
Site: Open Learning
Course: Managing my money (MMM_1)
Glossary: Managing My Money Glossary
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Liquid assetsThose 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. |