Adult Social Care Glossary, v 0.6

If you are considering a 'deferred payment' agreement with your local council to fund your own care, the council will need to make sure that you can afford to repay them when the time comes - this is called making sure there is 'adequate security' for the agreement. This security may be the value of your house, or a valuable possession (for example, a piece of art or jewellery), or someone who can guarantee that payment will be made. Councils must publish a policy saying what types of security they will accept. SEE ALSO: Deferred payments