Qualifying

Qualifying is the process of assessing whether a person or entity meets specific requirements or standards needed for a particular opportunity, such as a loan, job, or selection. It involves reviewing their qualifications, background, or financial status to ensure they are suitable and capable of fulfilling the role or obligation. For example, when applying for a mortgage, lenders evaluate your income, credit score, and debts to determine if you qualify for the loan. The goal is to establish eligibility and ensure that both parties are a good fit based on established criteria.