The lender wants to verify the documents provided by the borrower regarding his income details. This is why he sends a request form to the borrower's employer and this form is the Verification of Employment. The lender's primary intention is to check the financial status of the borrower prior to approving the loan.
buoy. n. 1. A float placed in water and usually moored, as to mark a location, enable retrieval of a sunken object, or record oceanographic data. 2.
The light color will be green, red, or white. Lights are often used where greater caution must be exercised such as a bend or narrowing of a channel. Also, especially in areas where fog may exist, some buoys make sounds such as a whistle, bell, or gong.