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.
A typical tsunami buoy system comprises two components; the pressure sensor anchored to the sea floor and the surface buoy. The sensor on the sea floor measures the change in height of the water column above by measuring associated changes in the water pressure.