Ross is right. The words are a general term that relates to the actual measurements and can be applied to the sound or the leakage. The sound is graded on a scale of 0-6. For instance, my murmur prior to surgery was quite loud and could be heard easily without a stethoscope. It was a Grade VI/VI (or 6 out of 6), which of course would be severe. My ejection fraction was high (I can't remember the exact number but 80-90%, I think), which is an indication that the heart is pumping very hard. My regurgitation was 4 to 4+ with a jet, which is also severe. The sound and leakage do not always correlate. I lived with these numbers for quite a while, because the school of thought then was to wait for physical symptoms - SOB, difficulty walking short distances, palpitations, chills, sweating, etc. Now most doctors know that healthy hearts recover better, and there is no "gold standard" for a particular value. They look at everything together. They do know that people with normal EF have a much better chance of recovery because this indicates that the left ventricular function isn't compromised.
Anyway, I'm still not sure what the nurse is referring to, but nothing I can find from Mayo, Cleveland, or Texas Heart mentions a % leakage. Perhaps instead of referring to the leakage, the goal is to raise your EF to 30% so you will have a better outcome?