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tr.v. pre·ap·proved, pre·ap·prov·ing, pre·ap·proves
To approve (an applicant or an application for a loan, for example) at an earlier point in the approval process than is usual, sometimes even before an application is submitted: a customer who was preapproved for a $2,000 credit line.


vb (tr)
to approve in advance


(ˌpri əˈpruv)
v.t. -proved, -prov•ing.
to approve in advance: a preapproved credit card.
References in periodicals archive ?
Digital Federal Credit Union announced it is partnering with CUneXus Solutions to allow the credit union to provide personalized, preapproved loan offers to members based on location, behavior, credit and DCU's lending criteria.
Acceptable Brands: Ge, Phillips, Sylvania, Howard Or Preapproved
Summary paragraph: New on the review list are many preapproved plans
While only one in ten (13 percent) are preapproved for a mortgage, over three quarters (78 percent) are planning to be preapproved before seriously searching.
Beyonce has released preapproved photographs of her current world tour, after allegedly telling photographers they are not allowed to take pictures while she is onstage.
2005-16, which previously described the IRS procedures for issuing opinion and advisory letters on the acceptability of the form of preapproved plans.
Letters advise consumers that "You have been preapproved for a $10,000 home equity loan," for instance.
For example, victims who file police reports can remove false credit information from their credit reports, block the issuance of credit by asking credit bureaus to freeze credit on their files and limit the use of their information in preapproved credit offers.
As a member of the GSA Financial and Business Solutions (FABS) Multi-award contract schedule, government entities can easily access MBA's preapproved rates for consulting projects which include a requirement for analysis of asset values and forecasting, regulatory and safety compliance, or government versus commercial operational and financial benchmarking, among other services.
The IRS will decide when employers can adopt the model plans after it has reviewed the preapproved documents, Grinde writes.
Carriers would be uploading raw data to models that would process such data in preapproved ratemaking modules.
Taxpayers now have a choice of either the preapproved IRS percentage method or the Tax Court's modified percentage method, whichever produces the greatest tax benefit.