Glossary

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

Passive Investing

Learn more

Real Estate Investment Trust (REIT)

Learn more

Bear Market

Learn more

General Insurance

Learn more