The Collaborative International Dictionary of English v.0.48:
fire-raising \fire-raising\ n. malicious burning to destroy property; arson. [Mostly British usage] Syn: arson, incendiarism. [WordNet 1.5]WordNet (r) 3.0 (2006):
fire-raising n 1: malicious burning to destroy property; "the British term for arson is fire-raising" [syn: arson, incendiarism, fire-raising]