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.
Drifting Buoys. Drifting buoys are generally attached to some form of drogue or sea-anchor, are easy to deploy,are relatively inexpensive to operate and reliably measure the atmosphere and ocean surface conditions, for an average of 18 months.