What is the difference between MVL and CVL?

I'm curious to understand the key distinctions between MVL, or Market Value Liquidation, and CVL, or Collateralized Value Liquidation. Could you elaborate on how these two concepts differ in the context of cryptocurrency and finance? What factors do they take into account, and how do they impact asset valuation and liquidation processes? Additionally, could you provide some real-world examples to illustrate their applications?