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 forces at work in buoyancy. Note that the object is floating because the upward force of buoyancy is equal to the downward force of gravity. In science, buoyancy (pronunciation: /ËbÉÉª.Énáµsi/ or /ËbuËjÉnáµsi/; also known as upthrust) is an upward force exerted by a fluid that opposes the weight of an immersed object. In a column of fluid, pressure increases with depth as a result of the weight of the overlying fluid.