GENERAL KNOWLEDGE

GK

IMPORTANT ABBREVIATIONS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the full form of “LTV"?
A
Life Time Value
B
Long Time Vendor
C
Lease Through Value
D
Leverage Time Value
Explanation: 

Detailed explanation-1: -What is lifetime value? Lifetime Value or LTV is an estimate of the average revenue that a customer will generate throughout their lifespan as a customer. This ‘worth’ of a customer can help determine many economic decisions for a company including marketing budget, resources, profitability and forecasting.

Detailed explanation-2: -Lifetime Value (LTV) shows the amount that customers will bring over the total time they interact with your company. While Customer Lifetime Value (CLV) shows how much a customer will bring over the total time they interact with your company.

Detailed explanation-3: -LTV = Total Loan Amount / Estimated Property Value. LTP = Total Loan Amount / Total Purchase Price. LTC = Total Loan Amount / Total Project Cost. 15-Dec-2021

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