Redlining Definition
redlīniŋ
noun
The systematic refusal by some lending institutions or insurance companies to issue mortgage loans or insurance on property in certain neighborhoods regarded by them as deteriorating.
Webster's New World
An unlawful discrimination in granting credit practiced by some financial institutions, based upon the prospective borrower’s living in a so-called “undesirable” or “bad” neighborhood.
Webster's New World Law
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