\kwˈɒlɪfˌa͡ɪɪŋ ɹˈe͡ɪʃɪˌə͡ʊz], \kwˈɒlɪfˌaɪɪŋ ɹˈeɪʃɪˌəʊz], \k_w_ˈɒ_l_ɪ_f_ˌaɪ_ɪ_ŋ ɹ_ˈeɪ_ʃ_ɪ__ˌəʊ_z]\
Definitions of QUALIFYING RATIOS
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The steps that are taken in order to determine if an individual meets the requirements of a lending institution for a loan. It also assesses their ability to pay of the loan in the future. The ratios exist between the money the person has to repay to the financial insititution compared with the money they are able to earn.
By Henry Campbell Black
Word of the day
- One who bears flame or light; name given to members a genus humming birds, from their being furnished with tuft flery crimson-colored feathers round neck like gorget. little flame-bearer inhabits inner side extinct volcano Chiriqui, in Veragua, about 9000 feet above the level of sea. It measures only 1/2 inches length. There are various other species, all tropical American.