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Longman Dictionary English

From Longman Business Dictionary
Related topics: Finance
redliningred‧lin‧ing /ˈredˌlaɪnɪŋ/ noun [uncountable] American English FINANCEPROPERTYthe practice of refusing to give MORTGAGE loans or insure properties in certain areas because of the race, social class etc of the people living thereThe Consumers Union sued the state insurance commissioner for not enforcing regulations against redlining. —redline verb [transitive]The banks had redlined the neighborhood, denying loans and forcing the district to go downhill.
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