Second-timer applicant
DEFINITION
A second-timer applicant is someone who has already received one housing subsidy before. They usually have lower priority and fewer grant options than first-timer applicants.
ELI5
This means the person has already used housing help once before. Because of that, they usually get lower priority and fewer grants.
Other related terms
Price/Earnings-to-Growth (PEG) Ratio
Learn more
Deductible
Learn more
Money Market Fund
Learn more
Personal Mobility Insurance
Learn more
