Verification
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  Verification



Verification

   Confirmation under oath of the truthfulness of a statement.

RELATED TERMS
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Statement
A detailed record of transactions in a bank customer's account(s) for a certain period, usually each month, which shows debits, credits, transfers, payroll deposits, account balance, check fees, service charges, ATM activity, etc.



SIMILAR TERMS
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Verification of deposit
Part of the loan process, in which a lender will ask a borrower's bank to sign a statement verifying the borrower's account balances and history.

Verification of employment
Confirmation that a loan applicant is telling the truth about where he or she works and how much he or she makes.



PREVIOUS AND NEXT TERMS
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Variance
Government authorization to use or develop a property in a manner which is not permitted by the applicable zoning regulations.

Variate
A single item in a group.

Vaulted ceiling
An elongated half-cylinder that arches above the floor.

Vendee
The purchaser of realty; the buyer. The buyer under a land contract.

Vendor
The seller of realty. The seller under a land contract.

Verification

Verification of deposit
Part of the loan process, in which a lender will ask a borrower's bank to sign a statement verifying the borrower's account balances and history.

Verification of employment
Confirmation that a loan applicant is telling the truth about where he or she works and how much he or she makes.

Vested
Having the right to use a portion of a fund such as an individual retirement fund.

Vestibule
A small entrance hall or room.

Veteran's Administration
An agency of the federal government that guarantees residential mortgages made to eligible veterans of the military services.

This dictionary contains 6433 terms.
      












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