Glossary / finance terms
Loan to value (LTV)
Debt divided by an asset or business value measured on a stated basis and date.
Why the distinction matters
Keep market, appraised, liquidation and rating-agency values separate. Value changes can reduce borrowing capacity even when the principal has not increased.
Read the structure
How mortgage collateral, tenant income and refinance exposure fit together.
Data centre CMBS: property credit meets operating infrastructure ↗In the filed deals
Aligned 2026-1's presale caps Class A at 70% LTV; Vantage Cardiff sweeps cash on a Class A LTV test event.
For in-house counsel
Loan to value in the filed documents
Where the term turns up in filed contracts and what is market, for the lender’s or the borrower’s side. Previews are open; the full text is free with InfraCompute Weekly.
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Related terms
Explanatory definition, not a statement that a particular transaction contains this term or a substitute for its contractual definition.
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