What is the definition of Back-end ratio? | Dictionary.net

BACK-END RATIO

\bˈakˈɛnd ɹˈe͡ɪʃɪˌə͡ʊ], \bˈakˈɛnd ɹˈe‍ɪʃɪˌə‍ʊ], \b_ˈa_k_ˈɛ_n_d ɹ_ˈeɪ_ʃ_ɪ__ˌəʊ]\

Definitions of BACK-END RATIO

1910 - Black's Law Dictionary (2nd edition)

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A ratio used to decide how much a mortgage borrower can pay back. The lower the ratio the more they can pay back. AKA back ratio.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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