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.
Bifurcation buoys are lateral system buoys that indicate the junction of channels. They have three alternating stripes of red and green and the top stripe indicates the location of the preferred, or main, channel. In the diagram on page 22, the bifurcation buoy has a red top.