loan life coverage ratio (LLCR)

Definition

The ratio that lenders use to determine whether a borrower is able to repay a loan that is unresolved. The ratio requires dividing the net present value (NPV) of available funds by the amount of senior debt that is still owed.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
loan guarantee loan loss reserve