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Its principal office is at 225 Franklin Street, Boston, Massachusetts. Under these programs, the participating broker-dealers will return to a Portfolio a portion of the brokerage commissions in the form of a credit to the Portfolio paid to the broker-dealers to pay certain expenses of the Portfolio. Please review your loan documents as some lenders charge pre-payment penalties. This means you will not have to pay taxes on deferred revenues for a year. Investment Dictionary definition of Loan To Value Ratio - LTV RatioCopyright 2000, Investopedia.

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