The term 'maximum bet' can be defined as the highest amount of money that a person is allowed to wager in a game. The two crossword solutions for this term are 'LIMIT' and 'BANCO'. 'LIMIT' refers to the maximum amount of money that a person is allowed to bet, while 'BANCO' is a type of gambling game where players compete against the house. In this game, the maximum bet is determined by the house and cannot be exceeded.