preapproving

/priːəˈpruːvɪŋ/
adjective
  1. Describing something that gives approval in advance, or a person or process that approves something before the final decision.
    • The preapproving process for the visa took only a few days.
    • She works in the preapproving department, checking applications before they go to the final committee.
    • The preapproving letter from the bank helped us make an offer on the house right away.
Antonyms
verb
  1. Present participle of preapprove: the act of approving something in advance.
    • The lender is preapproving several customers for new credit cards this month.
    • We are preapproving candidates for the internship before the interviews begin.
    • The committee is preapproving the budget for next year's projects.
What does "preapproving" mean? | whatsthatwordmean | whatsthatwordmean