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.
pontoon. n. Any of various floating structures, especially:a.. a watertight float or vessel used where buoyancy is required in water, as in supporting a bridge, in salvage work, or where a temporary or mobile structure is required in military operations. b. (as modifier): a pontoon bridge.