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› [ U ] FINANCE the level of hazard when lending money to a selected human being or Corporation, dependant on how possible They are really to pay for it again:
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Homeowner loans: This really is secured in opposition to your house, so you has to be a homeowner (either possess outright or Possess a mortgage loan) to generally be suitable for this type of bank loan. It is value getting mindful that if you do not sustain your repayments then your home might be at risk with this sort of bank loan.
› [ C or S ] TAX an amount of money by which someone is allowed to lessen the level of tax they pay out, since they have put in money on a particular factor:
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