The process whereby the lender assesses the borrowers' ability to re-pay the loan
A special practice session that takes place between 1: 00 and 2: 00 p m on the Saturday preceding a Formula One race Qualifying practice allows each driver a maximum 12 laps His best time establishes his position on the race grid: the fastest drivers at the front and the slowest at the rear Should a driver exceed 12 laps, all of his lap times are cancelled The fastest driver starts from pole position
In personal sales, the process of determining whether potential customers have the authority to buy and the ability to pay for a product
Process determining an individual's financial ability to meet the terms of a loan When selling real estate, the sales broker must qualify the buyer to make certain he/she has the financial ability to purchase the property
Process of demonstrating a person is credit worthy and has enough money to buy a property Institutional sellers may require "proof" in the form of a letter from a lender or some verification of the source of funds if the sale is cash Quiet Title - Legal process to eliminate title problems Quitclaim - A form of deed in which the grantor is giving the grantee rights to a property but makes no warranties about rights others may have R
{s} training, serving to make fit or competent; limiting, restricting; attributing particular characteristics or qualities; moderating, modifying
referring to or qualifying another sentence element; "relative pronoun"; "relative clause"
There is usually a limit to how much lenders will loan a particular borrower depending on the borrower's income, debt ratio, net worth, assets, credit history, and other items That limit represents the amount for which the borrower can qualify
success in satisfying a test or requirement; "his future depended on his passing that test"; "he got a pass in introductory chemistry"
In sales, the process of determining if a prospect will make a good customer Determining which travel product is right for a customer by asking questions
referring to or qualifying another sentence element; "relative pronoun"; "relative clause
the grammatical relation that exists when a word qualifies the meaning of the phrase
The process of determining whether a buyer is financially able to obtain a mortgage by checking credit history, present and previous employment, and any other sources which may help to determine the buyers financial capabilities
(1) (of a tournament session) from which the highest scorers proceed to the next round
All the drivers go out one at a time and try to make their best lap They are ranked from fastest to slowest and that's the order they start the race
The competition to see who run the fastest lap to earn the pole position Also used to determine the starting order of drivers in the race
The one-hour period on Saturdays in which drivers are allowed a maximum of 12 laps to set the best time they can, with the driver who laps fastest then starting the race from the front of the grid