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.
Summary. 1  Buoyancy (also known as the buoyant force) is the force exerted on an object that is wholly or partly immersed in a fluid. The symbol for the magnitude of buoyancy is B or FB. 2  Buoyancy is caused by differences in pressure acting on opposite sides of an object immersed in a static fluid.