LTV (Loan to Value)

This is the loan value that a bank/lender will provide after evaluating an assets worth. Usually, this is used for hard/illiquid assets, and is stated as a % in relation to the asset’s appraisal value (Loan/Appraisal Value = LTV %)

 NCND (Non-Circumvention, Non-Disclosure Agreement)

An agreement between two parties defining the boundaries and limitations of their relationship. Typically, this agreement is used by private placement brokers to “protect” from future circumvention.

 POF (Proof of Funds)

The process of allowing another individual to temporarily show your assets as their own, with the fee dependent upon the time it’s utilized. Also, this phrase can refer to a bank statement,
or other financial document, proving the assets of a prospective investor.

PPP (Private Placement Program)

A private investment program which trades discounted bank instruments (MTN/BG) for profit
in the secondary market.

RWA (Ready, Willing, and Able)

Phrase used by private placement brokers confirming the readiness of an investor to satisfy requirements, and more forward with an opportunity. This statement can also be made in
the form of a document, which some programs may require.